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

 

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

发表于08/31/2020

挪威银行是挪威政府全球养老金基金的监督人。

挪威银行的执行董事会会根据伦理委员会的建议做出决定。

根据新闻稿,

“诺斯银行执行委员会已决定将这些公司排除在外

台塑化学纤维股份有限公司
福尔摩沙塔夫绸有限公司和
佩奇工业有限公司

由于存在无法接受的侵犯人权的风险,请参见。 准则第3节,a小节。

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