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Article

16 Dec 2011

Author:
Nina Röhrbein, Investments & Pensions Europe

Extractive companies failing on human rights – Standard Life Investments

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There are clear gaps on due diligence and grievance mechanisms at most companies in the extractive sector, according to research published by global fund manager Standard Life Investments (SLI)...Julie McDowell, head of sustainable and responsible investment at SLI, said..."Because our study focused on the companies likely to have the highest standards, we expect that companies outside the extractive industries will face even bigger challenges in moving to align their procedures with the GPs."