Mon, Aug 31, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway oil fund to keep investing in palm planters amid green criticism

Posted on 31 March 2011

Runar MalkenesNorway’s $550 billion sovereign wealth fund will keep investing in Southeast Asian oil palm planters but may exclude firms that severely damage the environment, a Norwegian finance ministry official said, as green groups step up their campaign against the industry.

Environmentalists have broadened their campaign to involve investment funds holding shares in palm oil firms that fell rainforests to expand — a practice that pumps vast global warming gases into the atmosphere………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 16969 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
August 2015
M T W T F S S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31