Jan 12, 2010. /Lesprom Network/. Nordea Bank not yet decided over investment in Gunns pulp mill in Australia, which environmentalists say is unsustainable, as The Copenhagen Post reported. The Wilderness Society, Aawaz.org and Danish organisation Nepenthes have criticised Nordea, as the mill would be operated by Australian timber company Gunns Limited. Environmental organisation Avaaz, as part of an email petition to persuade Nordea CEO Christian Clausen not to invest in the project, says the company is notorious for its ‘destructive practices’. Another forest protection organisation, Nepenthes, said Nordea should not involve itself with the project. “Gunns Limited clears woodland by using napalm to burn huge areas to make room for their plantations. That Nordea is considering investing in such a company is outrageous,” Jacob Ryding, spokesman for Nepenthes, said. But Gunns have vehemently denied the allegations, which they describe as unsubstantiated and false. “Napalm is not used by the company. Gunns Limited adheres to the strictest environmental standards set down by the Australian Government, and in contrast to the false claims regarding deforestation, the company is actually the largest planter of trees in Australia," said the spokesman. “Gunns Limited is fully certified by the Australian Forestry Standard, Australia’s leading sustainable forest use standard,” he added. Nordea emphasised it had not made any firm decision yet as to whether it would invest in the mill. But a company spokesman said that the bank would not finance projects whose operations went against internationally accepted norms.