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17 Mar 2019

Norway's government pension fund announces risk-based divestments; companies invited to respond

Norway's Government Pension Fund Global recently divested its investment from some companies on the basis that they "impose substantial costs on other companies and society as a whole and so are not long-term sustainable."

Four plantation companies were mentioned in a report on the divestment -- the report is linked below. Business & Human Rights Resource invited these companies to respond: Olam International, Halcyon Agri Corp, Sime Darby Plantation, and Sipef. 

Sipef and Olam International responded. Halcyon Agri Corp and Sime Darby Plantation did not.

Company Responses

Halcyon Agri

No Response

Sime Darby

No Response

Timeline