Labor & Economic News Blog


Thursday, June 08, 2006

Biggest pension fund boycotts Wal-Mart for "serious and systematic" abuses of human and employment rights

Biggest pension fund in the world boycotts Wal-Mart for "serious and systematic" abuses of human and employment rights
Source: Guardian
The Norwegian government said yesterday its $240bn (£130bn) oil fund would no longer invest in Wal-Mart or the US mining group Freeport-McMoRan Copper & Gold - the latter for environmental reasons. The fund said it sold its holdings in both firms, which had been worth about $430m, at the end of last month.

 



<< Blog Home

 

This page is powered by Blogger. Isn't yours?