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Jakarta Post
The Jakarta Post
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A question of shareholder responsibility

  • Edi Suhardi

Jakarta | Thu, April 4 2013 | 10:51 am

PREMIUM Another blow to the palm oil industry came on March 11 when JP Morgan Asia Pacific Equity Research revealed that the Norwegian Government Pension Fund Global (GPFG) had disposed of its stakes in 23 Asian palm oil companies in 2012, including several Indonesian companies committed to the sustainability movement.

The GPFG, the world’s largest sovereign wealth fund, was reported to have dive...