{"id":17449,"date":"2015-11-11T13:11:16","date_gmt":"2015-11-11T13:11:16","guid":{"rendered":"https:\/\/www.eticasgr.com\/?p=17449"},"modified":"2019-07-23T17:24:14","modified_gmt":"2019-07-23T15:24:14","slug":"letter-to-indonesian-president-jokowi-on-deforestation","status":"publish","type":"post","link":"https:\/\/www.eticasgr.com\/en\/storie\/international-campaigns\/letter-to-indonesian-president-jokowi-on-deforestation","title":{"rendered":"Letter to Indonesian president Jokowi on deforestation"},"content":{"rendered":"

The Executive Committee of PRI<\/a> responsible for engagement activities on the issue of palm oil<\/strong>, asked Etica Sgr to sponsor another fundamental step in the battle against deforestation in Indonesia, by signing a letter addressed to the President of Indonesia, Jowoki, asking for his support in stopping deforestation and the destruction of the peat bogs.<\/p>\n

The political situation in Indonesia regarding the fight against deforestation is becoming more and more critical and in addition to the current commitment aimed at a more sustainable production of palm oil, it risks undermining the ambition of expanding these responsible management policies to other raw materials.<\/p>\n

Indonesia is witnessing a significant period of economic and public health crisis due to uncontrolled degradation: a particular haze (\u201chaze<\/em>\u201d, a harmful mix of smoke and smog caused by pollution and continuous fires) is covering the country, causing respiratory infections for more than 136,000 Indonesian citizens, schools have been closed, and businesses and tourism have registered a dangerous slowdown, which is costing the government more than 45 billion dollars. Moreover, the continuously set fires (main cause of deforestation) are worsening the situation linked to climate change<\/em> causing emissions that, based on some studies, risk exceeding that of the entire American economy, thus placing Indonesia among the worst coal polluters of 2015.<\/p>\n

In this critical situation, Etica Sgr has decided to support the initiative proposed by Green Century Capital Management<\/strong> (Asset management company that has handled sustainable investments since 1991) which, together with the PRI Palm Oil Advisory Committee, <\/em>wants to show support to the Indonesian government in the fight against deforestation and to ask the administration to support all the local companies that, despite many risks, have managed to obtain recognition form the market for their commitment and their policies against deforestation.<\/p>\n

Etica Sgr has supported the initiative by sending its adhesion.<\/p>\n

 <\/p>\n\r\n\r\n

This is a marketing communication.<\/strong> The data and information contained herein are provided for information purposes only and do not constitute investment recommendations. This communication is not, and may not be regarded as, an information document required under applicable legislation, and its content is not sufficient to form the basis of an investment decision.<\/p>\n

This communication does not take into account in any way the characteristics of any person who may receive or become aware of it. In particular, it does not take into account their investment objectives, knowledge and experience in investment matters, risk appetite and\/or any other characteristics, including the applicable tax regime.<\/p>\n

Past performance is not indicative of future results, and investments in funds are subject to risks relating to the underlying assets, which may affect the value of the relevant units. Etica SGR provides no guarantee of returns and does not guarantee the repayment of the capital invested. The SGR accepts no liability for any losses that may arise from the use of the information provided in this communication.<\/p>\n

In order to make an informed investment decision, before making any final investment decision, investors should consult the Key Information Document (KID) and the funds\u2019 Prospectus available at www.eticasgr.com<\/a>.<\/p>\n

The placement of the “Linea Valori Responsabili” and “Linea Futuri Responsabili” funds is only available in Italy. For further information, please refer to the Italian version of the website<\/span><\/a>.<\/p>\n

 <\/p>\n\r\n\n","protected":false},"excerpt":{"rendered":"

The Executive Committee of PRI responsible for engagement activities on the issue of palm oil, asked Etica Sgr to sponsor another fundamental step in the battle against deforestation in Indonesia, by signing a letter addressed to the President of Indonesia, Jowoki, asking for his support in stopping deforestation and the destruction of the peat bogs. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[996],"tags":[],"yst_prominent_words":[1595,1605,1598,603,1108,1600,1594,1582,1601,1597,1592,1021,1596,1602,1599,1593,1591,1604,1603,609],"class_list":["post-17449","post","type-post","status-publish","format-standard","hentry","category-international-campaigns","temi-environment"],"_links":{"self":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts\/17449"}],"collection":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/comments?post=17449"}],"version-history":[{"count":3,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts\/17449\/revisions"}],"predecessor-version":[{"id":26636,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts\/17449\/revisions\/26636"}],"wp:attachment":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/media?parent=17449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/categories?post=17449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/tags?post=17449"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=17449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}