The Seventh AP Fund, managed by the Swedish government, invests in around 2.600 companies globally. That said, approximately 50 of them have been excluded from the investment fund as they "fail to live up the minimum standards of respect of human rights, environment and anti-corruption".
The fund published today 15 December 2014, a revised list of companies excluded from its portfolio. Among them are, for the first time, Agrium.
Agrium started the controversial imports from the occupied territory in 2013. See more about that imports in the June 2014 report P for Plunder.
The Seventh AP Fund revises its list of excluded companies twice a year. Earlier this month, the Norwegian investor KLP announced it too had divested from Agrium over the same ethical concerns.
US eyes minerals in occupied Western Sahara
Seeking to position itself as a key supplier of strategic minerals for Western powers, Morocco has signed a new agreement with the United States that covers Western Sahara’s waters and the critical minerals harboured there.
TAQA-Moeve obtains land in occupied Western Sahara
Morocco’s push for green hydrogen has taken a decisive step forward - on territory it does not legally own.
EU-Morocco Statement: autonomy without self-determination, law without lawfulness
A joint statement that came out of last week’s EU-Morocco Association Council asks readers to believe in a fiction: that an undefined autonomy plan imposed by an occupying power can satisfy the right to self-determination, and that respect for international law can coexist with the systematic ignoring of the EU’s own highest court.
Greenland Yes, Western Sahara No? The EU’s self-determination test
As the European Union rightly rallies behind Greenlanders’ right to decide their own future in the face of external pressure, a test of the EU’s real commitment to self-determination is quietly unfolding in Brussels.