Investment firms push oil companies on Syria
Author: Barry B. Burr, Pensions & Investment, Published on: 9 August 2011
A group of social investment firms plans an e-mail campaign to urge 11 oil companies to either stop operations in Syria or communicate their condemnation of the violent crackdown on protesters to the government…The investors plan to send e-mails to Royal Dutch Shell, Suncor Energy, Total, Gulfsands Petroleum, INA Industrija, Maurel et Prom, MENA Hydrocarbons, Petrofac, Saipem [part of Eni], Sinochem Group and Tatneft, Ms. O'Brien said. The e-mails will be sent primarily to investor relations representatives and in some cases the companies' chairmen, she added. The investors are Boston Common Asset Management, Calvert Asset Management, Domini Social Investments, GES Investment Services and Capricorn Investment Group…Royal Dutch Shell and Suncor media representatives couldn't be reached for comment.