Headquarters in United Kingdom
Author: Jon Robins, Financial Times
Mr Fagan, who made his name suing Swiss banks on behalf of Holocaust survivors, is seeking [in US courts] $20bn (£11bn) in reparations from companies that, he argues, supported apartheid. They include the UK banks NatWest, Barclays and Standard...
Business Leaders Initiative on Human Rights - Submission to the Office of the UN High Commissioner for Human Rights relating to the “Responsibilities of transnational corporations and related business enterprises with regard to human rights”
Author: Business Leaders Initiative on Human Rights
[Business Leaders Initiative on Human Rights member companies: ABB, Body Shop, Hewlett-Packard, MTV Networks Europe, National Grid Transco, Novartis Foundation for Sustainable Development, Novo Nordisk, Statoil, Barclays]
Author: John Vidal, Guardian [UK]
Barclays Bank was yesterday accused of playing a vital role in the financing of an Indian hydroelectric dam which will force up to 50,000 people from their homes...The World Bank, Deutsche Bank and ABN Amro have all refused to finance Omkareshwar and...
- Related companies: ABN Amro Barclays Deutsche Bank NHPC (National Hydroelectric Power Corporation - India)
Author: BusinessDay [So. Africa]
Khulumani Support Group and Jubilee SA have challenged government's assertion that it has adequately addressed the results of apartheid policies and that there is no need to file lawsuits in US courts...Former justice minister Penuell Maduna wrote to...
Author: Financial Times
...the financial services sector...is having to take sustainability seriously now. Non-governmental organisations have targeted banks as the ultimate source of environmentally unfriendly projects, a plethora of sustainability indices has sprung up and...
Capital punishment - UN oil sanctions against Sudan seem unlikely. Could a divestment campaign fill the gap?
Author: Ethical Corporation [editorial]
Oil revenues help the [Sudanese] regime to stay in power...the oil continues to flow through the hands of the state-owned oil companies of China, India and Malaysia. [China National Petroleum Corporation (CNPC), ONGC Videsh, Petronas]... As US...
Author: Tobias Webb, Ethical Corporation
A new report is due...on the state of controversial draft human rights rules. The draft “United Nations Norms on the Responsibilities of Transnational Corporations and other Business Enterprises with Regard to Human Rights”...attracted huge...
Author: Alison Maitland, Financial Times
...the banking sector is increasingly coming under scrutiny for its role in financing projects that may involve human rights abuses. [refers to Goldman Sachs, Merrill Lynch, HSBC, Barclays, NatWest (part of Royal Bank of Scotland), Standard Chartered,...
- Related stories: Apartheid reparations lawsuits (re So. Africa) Financial Times: Human rights rising up finance sector's agenda (refers to Goldman Sachs, HSBC, Barclays, ABN Amro, UBS, others)
- Related companies: ABN Amro Barclays BP Credit Suisse Goldman Sachs HSBC Merrill Lynch (part of Bank of America) NatWest (part of Royal Bank of Scotland) Rabobank Royal Bank of Scotland Standard Chartered UBS