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Green investors urge companies to clean up palm oil industry

2013-12-05 00:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: A coalition of investors and asset managers is urging stakeholders in the palm oil industry to adopt policies that exclude deforestation and human rights violations from their supply chains. The call, coordinated by Green Century Capital Management, was issued in the form of letters sent to 40 major palm oil producers, financiers and buyers. "Fueling deforestation is bad business for any company seeking to position itself as a responsible, sophisticated global player," said Lucia von Reusner...

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