This week, Norges Bank Investment Management (NBIM), the world’s largest sovereign wealth fund, has divested all its holdings in Peru’s largest consumer goods company, Alicorp S.A.A., after it was revealed that the company was acquiring palm oil from a plantation linked to serious violations of indigenous peoples land right
FPP has lodged a Policy of Association complaint against Roda Mas Group and requested that the group be disassociated from the FSC due to violations of traditional and human rights in their forestry operations. The complaint is brought on behalf of the community of Long Isun, in the Heart of Borneo.
The indigenous community of Santa Clara de Uchunya has called upon major Scandinavian banks to use their influence as shareholders to insist that Alicorp removes Ocho Sur P from its palm oil supply chain.
The global sustainable palm oil body, the Roundtable on Sustainable Palm Oil (RSPO), has definitively rejected a formal complaint brought against one of its members, Peru’s largest consumer goods company, Alicorp S.A.A., for sourcing palm oil produced on a plantation which the RSPO itself has previously condemned.