The Norwegian Government Pension Fund Global (GPFG), one of the world’s biggest investors in the palm oil industry, has found that the activities of Wilmar International Ltd, Astra International Tbk PT and 21 other oil palm companies are incompatible with the Fund’s policy on risk related to climate change and tropical deforestation. As a consequence all stakes in the 23 oil palm companies were sold in 2012.
For more info see http://www.regnskog.no/languages/english/worlds-largest-
sovereign-wealth-fund-divests-from-palm-oil-companies
Oil palm company Wilmar considered to be responsible for tropical deforestation
WRM Bulletin 188
30 March 2013
Issues: Large-Scale Tree Plantations / Palm Oil
Languages:
Image
