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Swedish pension fund cuts Vale from portfolio after Council on Ethics recommended exclusion following dam collapse
Author: Rachel Fixsen and Nick Reeve, Investment & Pensions Europe
Swedish state pension buffer fund AP1 has begun selling SEK407m (€38.6m) worth of equities and bonds of Brazilian mining company Vale, after the AP Funds’ Council on Ethics recommended the exclusion the company from the AP funds’ portfolios....
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- Related companies: BHP Billiton Forsta AP-Fonden Vale
Business & Human Rights Resource Centre invited the company to respond to the allegations in the report. It did not send a response.
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