Company Response
CNOOC (China National Offshore Oil Corporation) has not responded to
Timeline
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Uganda: Lawyer claims local firms were discriminated against in oil pipeline-related procurement
A lawyer is seeking to stop the East African Crude Oil Pipeline (EACOP) project, citing violation of arrangements that provide for Ugandans to be involved in the procurement process.
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Tanzania: Locals apprehensive of discrimination in accessing East African Crude Oil Pipeline-related economic opportunities
Residents from the eight regions where the East African Crude Oil Pipeline (EACOP) project will pass, expressed concerns yesterday about the emerging bureaucracy that may see many missing out on opportunities rleated to the pipeline in their area.
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Sumitomo Mitsui Banking's non response
Sumitomo Mitsui Banking did not respond
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Industrial and Commercial Bank of China did not respond
Industrial and Commercial Bank of China did not respond
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CNOOC did not respond
CNOOC did not respond
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Standard Bank's response
Standard Bank says that all projects in which it is involved as an advisor or funder are subject to screening against various policies including our Group Environmental & Social Risk Policy, Group Human Rights Statement, and our new Group Fossil Fuels Financing Policy.
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NGOs warn financial institutions and investors of human rights risks associated with financing the East African Crude Oil Pipeline
A briefing for companies and banks on the potential human rights risks from the East African Crude Oil Pipeline
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