24 Mar 2017

...The connection between Nordea, the companies and the site studied in the report is as follows; BHP Billiton is since October, 2016 no longer active in Borneo. The other companies discussed, we have no holdings in, or has not been caught in our norm-based screening. After the report was launched Nordea has conducted meetings with AAK, BHP Billiton and Deutsche Bank to discuss the raised allegations. Our general conclusion is that these companies are more advanced in their management of environmental risks than social risks, such as indigenous rights. Hence, we have made the companies aware of that improvements have to be made within this area...