The New Zealand Superannuation Fund has divested from a global mining corporation because of concerns over human rights violations and environmental damage, which it says are incompatible with UN Global Compact principles.
The fund, a pension scheme that invests money on behalf of the government, has decided to dismiss the Barrick Gold Corporation and its subsidiary African Barrick Gold from its $22 billion (£11.8 billion) investment portfolio because of these ethical concerns.
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