Calvert removes Weyerhaeuser from social index for not meeting its standards on indigenous people's rights

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Company response
15 July 2009

Response by Weyerhaeuser: Calvert removes Weyerhaeuser from social index for failing to meet standards on indigenous peoples' rights.

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Article
15 July 2009

[PDF] [Weyerhaeuser response to press release by Rainforest Action Network & others regarding Calvert divestment over indigenous rights]

Author: Weyerhaeuser

Weyerhaeuser is committed to supporting the dialogue between the Province and Grassy Narrows First Nation, and we look forward to being a constructive participant in the results of that process. We will continue to seek opportunities to deepen our relationship with Grassy Narrows First Nation,
and to help carry forward the processes defined through the important work of Justice Iacobucci.

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Article
15 June 2009

Calvert Divests Weyerhaeuser

Author: The Indigenous Portal [press release by Rainforest Action Network, Earth Justice Initiative]

Today Calvert Investments [part of Calvert Group] removed Weyerhaeuser from the Calvert Social Index of sustainable and responsible companies due to Weyerhaeuser’s failure to meet the Index’s standards for Indigenous Peoples’ Rights...[also refers to AbitibiBowater, Boise]

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Article
22 May 2009

Calvert’s Indigenous Peoples' Criteria Factors into Weyerhaeuser Decision

Author: Calvert Investments

The rights of Indigenous Peoples’ have been a core part of Calvert Asset Management Company’s sustainable and responsible investment criteria since we became the first mutual fund company to establish Indigenous Peoples' Rights criteria in 1999. It is upon these criteria that Calvert is recommending the removal of Weyerhaeuser Company from the Calvert Social Index...

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Article
27 February 2008

[PDF] [2008 letter from Weyerhaeuser to former Supreme Court Justice Frank Iacobucci - appointed to investigate disputes between Grassy Narrows and Province of Ontario]

Author: Steven R Rogel, Chairman and CEO, Weyerhaeuser

I would like to follow up on discussions Weyerhaeuser officials in Canada have had with you and your office staff since your appointment as Facilitator between the Province of Ontario and the Grassy Narrows Band last fall. I want to reconfirm my company’s strong support for your efforts to lead a process on behalf of the Ontario government with Grassy Narrows First Nation in order to find a lasting resolution to a number of timber access issues.

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