Storebrand AM joins chorus calling for action on Amazon fires & deforrestation

Jonathan Boyd
clock • 2 min read

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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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.