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Article

24 Apr 2008

Author:
Ethical Funds, Ethical Council & other Canadian, Swedish social investors

Investors spur Goldcorp to address human rights in Guatemala

...Goldcorp Inc. has agreed to conduct an independent Human Rights Impact Assessment in Guatemala at the request of Canadian and Swedish shareholders. The company has faced criticism regarding the environmental and human rights impacts of its mining operations...The Public Service Alliance of Canada (PSAC) Staff Pension Fund, The Ethical Funds Company, The First Swedish National Pension Fund and The Fourth Swedish National Pension Fund, have reached an agreement with Goldcorp Inc…"Business recognition of human rights obligations is relatively new," said Robert Walker, Vice President of Sustainability at The Ethical Funds Company. "And human rights impact assessment is a relatively new concept for promoting human rights. We laud Goldcorp for embracing this tool as a foundation for protecting human rights and addressing community concerns in Guatemala…”