KLP, the Norwegian local government pension scheme, no longer wants to include one of the world’s largest fertilizer companies in its investment portfolio.
KLP made the announcement today.
KLP explains its exclusion with the fact that that the "purchase of phosphates from Western Sahara via a long-term contract with the state-owned Moroccan company Office Chérifien des Phosphates (OCP), is deemed to represent an unacceptable risk of contributing to violations of basic ethical norms, and therefore contravenes KLP’s guidelines for responsible investment. This assessment is in keeping with KLP’s previous practice."
Download the entire analysis by KLP regarding Agrium here.
Heidelberg Materials deepens its role in Morocco’s occupation of Western Sahara
The German company confirms once again that its operations in occupied Western Sahara are closely tied to Morocco’s infrastructure expansion in the territory - while continuing to dismiss the Saharawi people’s right to consent.
Record low number of importers of Western Sahara phosphates
Only three companies imported phosphate rock from occupied Western Sahara in 2025 - the lowest number ever recorded. The findings appear in our annual P for Plunder report, released today.
The conflict phosphates - four decades of plunder
For over 40 years, a Moroccan state-owned company has exported phosphate rock from occupied Western Sahara.
One of the richest coastlines in the world
The fish stocks of occupied Western Sahara have not only attracted the interest of the Moroccan fleet: other foreign interests are also fishing in the occupied waters through arrangements with Moroccan counterparts. Along the Western Saharan coastline, a processing industry has emerged.