Norway’s wealth fund expels POSCO, Daewoo Int’l over palm oil holdings

Mongabay
By Philip JacobsonAug 18, 2015, 7:29 pm63 pts
Norway’s central bank is divesting the country’s $870 billion pension fund of its holdings in four Asian multinationals over rainforest destruction for palm oil in Southeast Asia, the bank announced yesterday. Two of the companies, steelmaker POSCO and its subsidiary Daewoo International Corp., are…

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