Halcyon Agri Corp Ltd is screened out under 1 exclusion reason spanning 1 issue category.
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. It is a statement of values.
Halcyon Agri Corp Ltd operates natural rubber plantations through its subsidiary Sudcam, which has cleared over 10,000 hectares of tropical rainforest in Cameroon. This deforestation constitutes severe environmental damage to a critical ecosystem. The company's operations have been linked to significant pollution in the region.
In 2018, the Council on Ethics for Norway's Government Pension Fund Global recommended exclusion due to an unacceptable risk that Halcyon Agri is responsible for serious environmental damage. Norges Bank subsequently excluded the company from the fund in March 2019 based on this assessment. The decision cited the severe impact of Sudcam's plantation development, which Greenpeace has documented as causing large-scale forest clearance and associated pollution.
Research Sources
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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