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.
Engie paves way for new farmland in occupied Western Sahara
Morocco has launched another tender to allocate more than 1,000 hectares of agricultural land in occupied Western Sahara, made cultivable through the French company Engie. The expansion comes as the EU considers increasing the unlawful trade with the territory.
European Parliament approves updated Morocco aviation agreement… without Western Sahara
The law is settled, but the practice is not. The recently adapted aviation deal excludes Western Sahara - yet the European Commission still tolerates EU airlines operating there regardless.
Trial underway over firebombing of WSRW partner in Denmark
A trial has begun in Copenhagen against four men accused of carrying out the January 2025 arson attack on the offices of WSRW partner Global Aktion.
Heidelberg Materials deepens its role in Morocco’s occupation of Western Sahara
The German company confirms once again that its operations in occupied Western Sahara are closely tied to Morocco’s infrastructure expansion in the territory - while continuing to dismiss the Saharawi people’s right to consent.