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Among 35 investors to sign the letter, a copy of which was seen by Reuters, were Aviva Investors (L:AV), Legal & General Investment Management (L:LGEN), the Church of England Pensions Board and Netherlands-based asset manager Robeco.
“While we recognize the necessity for reform of business law in Indonesia we have concerns about the negative impact of certain environmental protection measures affected by the Omnibus Bill on Job Creation,” Peter van der Werf, senior engagement specialist at Robeco, said in a statement.
