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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway fund excludes Lingui

Posted on 17 February 2011

From Thestar.com.my: Norway’s sovereign wealth fund, the world’s second largest, has excluded Lingui Developments Bhd from its portfolio, citing the timber company’s contribution to “severe environmental damage”.
The US$546b il fund had completed its divestment from t he company, which is involved in operations in tropical rainforests, the Norwegian Finance Ministry said yester day in a statement on its website……………………………………….Full Article: Source

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