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Article

24 Mar 2006

Author:
Lauren Compere, Boston Common Asset Management

[PDF] Letter to Target regarding sourcing of gems from Burma

We would like Target Corporation to address the concerns of Boston Common Asset Management over the sourcing of gems mined in Burma (Myanmar) with the view to preventing the sales of gems mined in Burma in Target Corporation's stores. Selling gems mined in Burma poses considerable risk to Target’s business and reputation. Trade in Burmese gems provides significant revenue for Burma’s ruling military junta. Gem mining in Burma is also linked to the spread of HIV/AIDS... We request that Target address this risk by prohibiting its suppliers from selling jewelry to Target that contains gems mined in Burma... On March 5th 2005, Tiffany's pledged to not sell rubies from Burma.