Investor blacklisted Agrium for imports from occupied Western Sahara
Article image
The Norwegian investor KLP has sold all its shares in Agrium for its imports of phosphate rock from occupied territory.
Published 01 December 2014


KLP, the Norwegian local government pension scheme, no longer wants to include one of the world’s largest fertilizer companies in its investment portfolio.

KLP made the announcement today.

KLP explains its exclusion with the fact that that the "purchase of phosphates from Western Sahara via a long-term contract with the state-owned Moroccan company Office Chérifien des Phosphates (OCP), is deemed to represent an unacceptable risk of contributing to violations of basic ethical norms, and therefore contravenes KLP’s guidelines for responsible investment. This assessment is in keeping with KLP’s previous practice."


Download the entire analysis by KLP regarding Agrium here.

EU Court adviser confirms separate and distinct status of Western Sahara

The Advocate General of the EU’s top Court backs the legal status of the people of Western Sahara. Final Judgment expected in a few months. 

21 March 2024

EU Court adviser: fruit from Western Sahara should not be labelled as from Morocco

Labelling those products as originating in the Kingdom of Morocco instead of originating in Western Sahara breaches EU law, the Advocate General of the EU Court of Justice concludes.

21 March 2024

COWI abandons future projects in Western Sahara

After undertaking work for the Moroccan state phosphate company in Western Sahara, the Danish consultancy giant COWI states that it “will not engage in further projects" in the occupied territory.

11 March 2024

Report: EU-Morocco fisheries depends on illegal occupation

An external evaluation report on the EU-Morocco fisheries agreement 2019-2023 confirms that the agreement revolves, in its entirety, around Western Sahara.

08 March 2024