KLP divests US firms for breaching human rights

KLP is divesting two private prison and detention center managers out of concern that ”human rights breaches will continue,” says the head of responsible investments at the firm.
Kiran Aziz, Head of Responsible Investments at KLP | Photo: KLP
Kiran Aziz, Head of Responsible Investments at KLP | Photo: KLP
by sebastian holsen, translated by catherine brett

Until recently, KLP had NOK 4m (EUR 386,300) invested in two private prison and detention center management firms, Core Civic and CEO Group.

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