Norway bank drops Halcyon Agri from investment list  

Oslo – Norges Bank, will not be investing in natural rubber supply group Halcyon Agri due to it being “responsible for serious environmental damage,” Norway’s central bank announced 18 March.

The decision to drop Halcyon from the government pension fund investment list had been recommended by Norway’s ‘council on ethics’, which saw “unacceptable risk” associated with the investment.

Haycolon Agri “is responsible for severe environmental damage as a result of its conversion of tropical forest into rubber plantations in Cameroon,” the council alleged in its recommendation last…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with