Global investors managing $4.1 trillion in assets have warned Indonesia’s government that a contentious job creation bill passed by parliament on Monday could pose new risks to the country’s tropical forests.
In a letter, 35 investors expressed their concerns, including Aviva Investors, Legal & General Investment Management, the Church of England Pensions Board, Netherlands-based asset manager Robeco and Japan’s largest asset manager, Sumitomo Mitsui Trust Asset Management. — Reuters
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