Norway's Storebrand Asset Management has joined some 230 institutional investors calling for urgent action on fires in the Amazon amid ongoing deforrestation in Brazil and Bolivia. Coordinated by PRI and Ceres, a statement from the investors, representing some $16.2trn in AUM, includes demands for companies to: publicly disclose and implement a commodity-specific no deforestation policy with quantifiable, time-bound commitments covering the entire supply chain and sourcing geographies. establish a transparent monitoring and verification system for supplier compliance with the com...
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