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18 Nov 2019

Jasper Jolly, Guardian (UK)

G4S has no place on ethical index, London Stock Exchange told

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Human rights campaigners have criticised the London Stock Exchange Group for including G4S on ethical investment indices...

Vaidehee Sachdev [senior research manager at ShareAction]... called on FTSE Russell to remove G4S until it showed progress on improving its human rights record...

“People who want to do good with their money would rightly be horrified to be invested in a company that fails to meet basic human rights standards”...

Peter Frankental, Amnesty International UK’s economic affairs programme director, said... “Norway’s sovereign wealth fund is likely to offer a better assessment [than ethical indices such as FTSE4Good] of whether G4S is actually doing enough to root out modern forms of slavery from its Gulf supply chains.”