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Funds and the Extinction of the Tapanuli Orangutans

edited June 2021 in Fund Discussions
Interesting analysis here: https://ft.com/content/479b9dd2-c738-4310-8b1e-afdfbd3921b0
There appears to be only 800 Tapanuli Orangutans left in Indonesia: https://en.wikipedia.org/wiki/Tapanuli_orangutan Most investors won't care--free markets, orangutans' "personal responsibility to survive," they had their chance, etc.--but some will perhaps. Two of the related companies that are the alleged culprits are Jardine Matheson, with its mining, palm oil and hotel interests in Indonesia, and related subsidiary Astra International. BlackRock and Vanguard are major holders of course, but there are also concentrated holders familiar to this board--First Eagle funds, Seafarer funds, and Tweedy Browne.

Comments

  • For some time now I've been playing a game with myself that's all about avoiding palm oil. While I'm getting better at it, it's pretty difficult in that it requires that I read every single label affixed to every single packaged food and personal care item. The stuff is ubiquitous.
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