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Church may withdraw investment in Vedanta over ethics row [UK]

The Church of England will decide this week whether to maintain its investment in the controversial...mining group Vedanta Resources, after coming under pressure to sell its...stake in the group... Members of the Church's Ethical Advisory Group will hold their first session since visiting the miner's operations in India last year. Its advice will be passed to the Church's investment managers...Vedanta, which said it would only comment when the Church's final decision was known, is accused of breaching the rights of the indigenous Dongria Kondh tribe...[T]he company is accused of failing to consult with the tribe over a proposed bauxite mine in the state, which groups such as Survival International claim will disrupt a site sacred to the group...Vedanta...disputes a number of Survival's claims, specifically those relating to displacing people in the area.

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