Storebrand AM excludes Rio Tinto PLC and Rio Tinto Ltd
Decision based on deforestation impact of mining project in the Amazon.
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Nature Action 100 announces companies, start of investor engagement process to catalyze greater action on nature loss
Nature Action 100 is a global investor engagement initiative focused on driving greater corporate ambition and action to reduce nature and biodiversity loss. Investors participating in the initiative engage companies in key sectors that are deemed to be systemically important in reversing nature and biodiversity loss by 2030
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Storebrand Asset Management urges action on deforestation at Bunge AGM
This week, Bunge’s shareholders overwhelmingly voted in support of a resolution filed by Storebrand Asset Management and Green Century Capital, calling the company to eliminate deforestation in its supply chain.
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Investors welcome Brazil’s Amazon commitment and reiterate call for specific actions to achieve it
The Investor Policy Dialogue on Deforestation (IPDD) notes that President Bolsonaro of Brazil has written to President Biden of the United States of America ahead of the latter’s virtual Leaders’ Summit on Climate this week. The IPDD welcomes President Bolsonaro’s restatement of Brazil’s existing commitment to eliminate illegal deforestation in the Amazon by 2030.
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Investor meeting with Brazils Vice-President Hamilton Mourão on deforestation
We, the investors involved in the Investor Policy Dialogue on Deforestation (IPDD), would like to express our gratitude to the Vice President. We are encouraged by his willingness to continue constructive and informative dialogue with us and look forward to its continuation.
As financial institutions, we have a fiduciary duty to act in the best long-term interests of our beneficiaries. We recog -
Investor meeting with Brazilian Congress
As financial institutions, we have a fiduciary duty to act in the best long-term interests of our beneficiaries. We recognize the crucial role that tropical forests play in tackling climate change, protecting biodiversity and ensuring ecosystem services. We will continue to monitor developments in Brazil to assess our exposure to financial risks arising from deforestation.
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Investor meeting with Brazilian Government and Central Bank of Brazil
As financial institutions, we have a fiduciary duty to act in the best long-term interests of our beneficiaries. We recognize the crucial role that tropical forests play in tackling climate change, protecting biodiversity and ensuring ecosystem services. We will continue to monitor developments in Brazil to assess our exposure to financial risks arising from deforestation.
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230 Investors with USD $16.2 trillion in AUM Call for Corporate Action on Deforestation, Signaling Support for the Amazon
Today, 230 institutional investors representing USD $16.2 trillion in assets under management are calling on companies to take urgent action in light of the devastating fires in the Amazon, fueled in part because of the alarming rate of deforestation in Brazil and Bolivia.
