3.4%, in Singapore’s commodities trader and supplier Olam International Limited. The company, which operates in many developing countries, is alleged to have failed to meet IFC’s environmental sustainability standards and practices. IFC said it “is committed to good international practices in environmental sustainability” and that its decision is driven by policy considerations, not the company’s…
SINGAPORE: World Bank’s IFC to sell stake in company accused of unsustainable practices
Posted on December 10, 2007 by EnergyAsia