| A move by the world's largest institutional investor to exclude four Asian firms from its allocations has highlighted the lack of regional progress in implementing ethical investments. While Europe has taken the lead in rolling out environmental, social and governance (ESG) policies, Asian investors continue to lag behind.
Norges Bank Investment Management, Norway's sovereign wealth fund, announced on Monday (August 17) that it had removed Malaysia's IJM Corp and Genting as well as Korea's Posco and Daewoo International Corp from its investment universe because of their links to the destruction of Indonesian rainforests..............................................Full Article: Source
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