|Financing of a pulp mill project in Uruguay|
|Description||Specific instance notified by the Argentinian NGO CEDHA regarding the activities of Nordea operating in Uraguay.|
|Date||12 Jul 2006|
|Industry sector||Financial and insurance activities|
Read the public statement issued by the Swedish NCP, and endorsed by the Norwegian NCP, concluding the specific instance.
In July 2006 the Swedish NCP and the Norwegian NCP received a request for review from the Argentine environmental and human rights NGO CEDHA (Center for Human Rights and Environment), which was also signed by the Norwegian environmental organisation Bellona, alleging that Nordea had breached the general policies provisions of the Guidelines by its part-financing of the Finnish company Botnia’s pulp mill project in Uruguay.