ノルウェー:SWF投資除外リスト:台湾2社とPage社(動画):  Norway SWF Excludes 2 Taiwanese Manufacturers、 Page Industries:  挪威主权财富基金将两个台湾制造商和页面行业排除在外

 

ノルウェー:SWF投資除外リスト:台湾2社とPage社(動画): 
Norway SWF Excludes 2 Taiwanese Manufacturers、 Page Industries: 
挪威主权财富基金将两个台湾制造商和页面行业排除在外

08/31/2020

Norges Bank:

Norges Bank理事会は、倫理評議会からの勧告に基づいて下された決定に従います。

プレスリリース:

Norges Bankの理事会は、下記の企業を除外することを決定しました

Formosa Chemicals&Fiber Corp、
Formosa Taffeta Co Ltdおよび
Page Industries Ltd

人権侵害で、容認できないリスクがあるます。

ガイドラインのセクション3:サブセクションaを、適用しました

The Council on Ethics recommended to exclude

Formosa Chemicals & Fibre Corp
Formosa Taffeta Co Ltd

because of alleged human rights violations related to textile production in Vietnam
and

Page Industries Ltd :

due to alleged human rights violations related to textile production in India.

In addition, the Executive Board has decided to follow the company

PetroChina Ltd’s :

work on anti-corruption as part of the fund’s active ownership efforts over a period of three years.

The Council on Ethics has recommended to exclude the company.

According to the guidelines, Norges Bank shall consider whether other measures, including the exercise of ownership rights, may be more suited to reduce the risk of continued norm violations, or whether such alternative measures may be more appropriate for other reasons.

The Executive Board concludes that active ownership in this case is more suitable.

The company has been under observation since 2017 following a recommendation from the Council on Ethics in 2016 to exclude the company.

The Executive Board
agrees with the Council on Ethics that observation no longer seems to be the appropriate action as the company is not responding to enquires from the Council.

The Executive Board considers active ownership an alternative.

The fund has regular dialogue with companies on anti-corruption issues, and can benefit from that experience in a dialogue with PetroChina Co Ltd.”

Formosa Chemicals & Fibre Corporation
is a Taiwan-based company principally engaged in the manufacture and sale of chemical products.

Formosa Taffeta Co Ltd
is a Taiwan-based company mainly engaged in the manufacture and sale of textile products, as well as the operation of gas stations.

Page Industries
is a publicly listed company, which is the licensee of Jockey International and Speedo in India and Sri Lanka.

SWFI

https://www.swfinstitute.org/news/81238/norway-swf-excludes-two-taiwanese-manufacturers-and-page-industries-to-exclusion-list