07.12.2011 - Norway fund blacklists FMC, Potash over ethics
Norway's state pension fund, one of the biggest sovereign wealth funds in the world, has blacklisted investment in US chemicals firm FMC Corporation and Canadian fertiliser maker Potash over ethics concerns, Oslo said Tuesday. "The companies' conduct represents particularly serious violations of fundamental ethical norms... The breaches result from the companies' purchases of phosphate from Western Sahara," the Norwegian finance ministry said in a statement...............................................Full Article: Source
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