Norwegian insurance giant blacklists palm oil companies

Mongabay
By Rhett ButlerJan 27, 2014, 6:41 pm100 pts
Storebrand, one of Norway's largest life insurance and pension savings companies, has sold off holdings in eleven palm oil companies due to environmental concerns. In a statement issued last week, Storebrand said it divested after it found the companies had breached its sustainability standards.

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