Luxembourg pension fund blacklists six firms over Saharan imports

Published Western Sahara Resource Watch: 19.11 – 2014

A Luxembourg government fund has excluded six companies from its portfolios due to “association to illegal exploitation of natural resources (Western Sahara)”.
On 15 November 2014, the Fonds de Compensation commun au régime général de pension (FDC), published the list of 61 companies that it has decided to blacklist. No less than six of those companies have been rejected because they purchase phosphate from Moroccan occupied Western Sahara.
Two Australian companies, Incitec Pivot and Wesfarmers, are complicit in this exploitation of Saharawi resources and are included in the FDC blacklist