Recommendations 2010 and 2011 on the exclusion of the companies FMC Corporation and Potash Corporation of Saskatchewan
The companies FMC Corporation and Potash Corporation of Saskatchewan were recommended for exclusion from the Government Pension Fund Global because of their purchase of phosphate minerals from Western Sahara.
Please find the Council’s recommendation here (pdf).
An additional letter to the Ministry of Finance was sent in February, 2011.
Please find the letter here.
Please find the Ministry’s 2011 press release here.
In August 2012, the Council on Ethics recommended to end the exclusion of FMC Corp.
Please find the 2012 recommendation here.