Norway's ethics adviser considers recommending divestment from Rio Tinto due to Amazon deforestation.
Norway's ethics adviser for its $1.6 trillion sovereign wealth fund is considering recommending the fund divest its multi-billion dollar stake in mining giant Rio Tinto due to environmental concerns related to deforestation in the Brazilian Amazon. Rio Tinto is the world's second-largest metals and mining corporation and has been facing scrutiny over its environmental impact in the past.
April 03, 2024
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