Norges Bank divests from Daewoo International over palm oil deforestation Norges Bank, the central bank of Norway, announced this week its decision to divest funds from Daewoo International Corporation (047050:KS), Korea’s largest trading company, and its parent company POSCO (005490:KS), as well as Genting Berhad (GENT:MK) and IJM Corporation Berhad (IJM:MK) for the companies’ role in rainforest …
New York Declaration on Forests At Tuesday’s UN Climate Summit in New York City, world leaders from governments, businesses, and NGOs joined together to announce the first global timeline to slow and halt forest lost. The New York Declaration on Forests commits to cutting forest loss in half by 2020, and ending it by 2030. …