Thursday, February 2, 2012

Delta Lloyd excludes 38 companies for violating Global Compact Principles

Almost half of excluded companies are Global Compact members

Dutch investment company Delta Lloyd has published a list with companies it has excluded from its investment portfolio. Delta Lloyd excludes companies for their involvement in controversial business practices. Delta Lloyd’s exclusion criteria are based on the Global Compact principles. A company that violates these principles repeatedly or seriously is excluded from Delta Lloyd’s investment portfolio.
The recently published list features 38 companies. Almost half of these companies are Global Compact members, including BP (excluded for severe environmental pollution), Goldcorp (excluded for violation of human rights) PetroChina and Total (both excluded for violation of human rights in Birma & Sudan).

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