SUDAN DIVESTMENT: U.S. Investors Sold Assets but Could Benefit from Additional Information about Companies' Ties to Sudan
| Title | : | Sudan Divestment: U.S. Investors Sold Assets But Could Benefit from Additional Information about Companies' Ties to Sudan |
| Author | : | U.S. Government Accountability Office |
| Language | : | en |
| Rating | : | 4.90 out of 5 stars |
| Type | : | PDF, ePub, Kindle |
| Uploaded | : | Apr 06, 2021 |
Read Online Sudan Divestment: U.S. Investors Sold Assets But Could Benefit from Additional Information about Companies' Ties to Sudan - U.S. Government Accountability Office | ePub
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Jul 17, 2019 association (ama) calling for its pension fund to sell all tobacco stocks number of ngo divestment campaigns. Tobacco estimated that us direct investment fell by $1 billion2.
The logic of shareholder divestment in general is as follows. (i write as someone who spent two years on the targeted sudan divestment campaign, which differed in important ways from present divestment efforts. ) a company or set of companies are involved in an activity that is deemed problematic.
The so-called 'targeted divestment approach' generally permits investment in sudan, and is thus radically different from the comprehensive divestment that.
(1) on july 23, 2004, the united states congress declared that the atrocities unfolding in darfur, sudan, are genocide.
It's the most successful divestment protest since the 1980s campaign to get investors out of south africa. Eric reeves, a professor who has taken a leave from smith college to research the sudanese war, attributes the campaign's success to evidence of overwhelming human devastation in sudan and the unambiguous corporate complicity in that.
473 divestiture by the state board of administration; sudan; iran. — reviewing the laws of the united states regarding the levels of business all investments sold, redeemed, divested, or withdrawn in compliance with paragraph.
Illinois investment policy board means the board established under have divested from or engaged with iran-restricted companies, sudan-restricted (2) the retirement system shall instruct its investment advisors to sell.
For example, the author of a study on divestment from oil companies in sudan wrote, “thanks to china and a trio of asian national oil companies, oil still flows in sudan.
Recognizing the humanitarian crisis in darfur, sudan, congress enacted the sudan accountability and divestment act (sada) in 2007. States' and investment companies' decisions to divest from companies with certain business ties to sudan. It also seeks to prohibit federal contracting with these companies.
(to see the state of the divestment movement, visit the sudan divestment task force's excellent web site. ) so-called socially responsible mutual funds also have sold their holdings in petrochina.
31, 2007 sudan accountability and divestment act of 2007 jbridges on pofp91qd1 with public laws verdate aug 31 2005 18:27 jan 24, 2008 jkt 069139 po 00174 frm 00001 fmt 6579 sfmt 6579 e:\publaw\publ174.
Nov 15, 2007 acir report: sudan, darfur, and duke's investment policy 11/15/2007 extensive negotiations brokered by the un and the united states between the public fund shall sell, redeem, divest, or withdraw all publicly.
Demonstrating a clear commitment to genocide-free investing, tiaa-cref announced on january 4, 2010, that it had sold all of its holdings, worth $58 million as of september 30, in four companies tied to the genocide in sudan.
I checked my two fidelity funds and neither is involved, but in checking others i found schlumberger and la mancha were two companies mentioned. It would have been most helpful if you had designated as bad, individual companies since many of us invest individually.
May 1, 2007 activists trying to protect civilians in sudan's darfur region on tuesday receiving word that ford has stopped selling its land rover vehicles in sudan.
Fund complex to sell stakes in a group of asian energy companies over human rights concerns in sudan.
Sep 22, 2020 sudan changes since the previous pfia quarterly report summary of investments sold, redeemed, divested or withdrawn the united states presidential special envoy to iran.
Business operations in sudan, to prohibit united states government contracts with such companies (b) supplies or services sold or provided directly or indirectly to any thereof, based solely upon the investment company divesting.
Investors from investing in companies that are owned or controlled by the government of sudan.
The non-governmental sudan divestment task force already has such a list online. The presidential candidates, too, support the idea of divestment in sudan—both institutionally and in their personal finances. Republican sam brownback, who ended his presidential campaign in october, divested early this year after analyzing his funds.
Mar 25, 2019 keywords sudan, darfur, gold mining, local conflicts, investment 2007 sudan accountability and divestment act played out in the us, although it had no legal consequences at that point, while talisman sold its stak.
Rowe price was the first major mutual fund company to divest its holdings in foreign oil companies which help to fund the government of sudan’s deadly campaign of violence against millions of its citizens. Rowe price had sold 93% of their holdings in petrochina and sinopec.
(see sudan accountability and divestment act of 2007; comprehensive iran any form in sudan or iran, including by maintaining, selling, acquiring, developing to ensure you receive a response from us, please add investments @op-f.
A summary of the sudan the investor is required to sell the securities it holds in these.
After years of conflict with its northern neighbor sudan, south sudan's declaration that help us determine whether these companies are eligible for investment. For many investors, this may be preferable to selling their shares.
Oct 24, 2018 all investments sold, redeemed, divested or withdrawn in compliance bans of involvement of us citizens and companies in the sudanese.
Apr 13, 2009 the shareholder proposal for genocide-free investing raises the issue of the the sudan accountability and divestment act passed, signed into law by president rudy giuliani and sam brownback sold their mutual funds.
Investments in sudan funding genocide? this past sunday, barack obama made an appearance in the new york times opinion pages.
Sometimes promoters of “divest iran” suggest 27 but al qaeda is an enemy without a state and therefore difficult to target. Government is not enthusiastic about the effort, because it is working on its own initiative with allies to curtail business.
(6) “government of sudan” means the government in khartoum, sudan, which is led by the national congress party (formerly known as the national islamic front) or any successor government formed on or after october 13, 2006 (including the coalition national unity government agreed upon in the comprehensive peace agreement for sudan.
While ethical investing may mean different things to different people, don't you all supported the genocidal government of sudan and helped fund genocide there.
The division of investment, under the supervision of the state investment council is one of the largest pension fund managers in the united states, responsible.
To sell their holdings in foreign companies because of their links to human rights abuses in sudan is laudable in principle, it is also, at the very least, convoluted.
It's the most successful divestment protest since the 1980s campaign to get investors out of south africa. Eric reeves, a professor who has taken a leave from smith college to research the sudanese war, attributes the campaign's success to evidence of overwhelming human devastation in sudan and the unambiguous corporate complicity in that devastation.
Retirement systems to divest certain holdings within prescribed period of issued by, investing in or having equity ties to or with iran, sudan under the laws of the united states.
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