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ANZ monitors Cambodian sugar client accused of human rights abuses
ANZ says it is carefully monitoring the situation at a Cambodian sugar plantation linked to child labour, forced evictions and land grabs backed by the military…The bank says it has…asked the sugar company to hold direct talks with community leaders…"Where impacts are identified that are not consistent with ANZ's policies, our aim is to be a positive force for engagement and for change," the bank said. "Where we have found that a client does not meet our environmental and social standards and they are not willing to adapt their practices, ANZ has declined funding or exited the relationship." [refers to ANZ Royal, Phnom Penh Sugar]