1.4.2017

Climate News Network: Investor Waves Goodbye to Palm Oil

One of Friends of the Earth's major campaign targets, Dimensional Fund Advisors, has divested two of its portfolios of all palm oil holdings: "A report released last year by Friends of the Earth US named companies with heavy investments that make billions of dollars in profits by clear-felling forests for palm oil plantations. This put pressure on fund managers who claimed that their investments were sustainable, and one of them, Dimensional, has divested two of its portfolios of all palm oil plantation companies." Read more

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