Protest at Vedanta annual meeting against plan to mine India hills allegedly sacred to indigenous tribe - firm says tribe supports mine
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Rights protests aim to swamp Vedanta AGM
Author: William MacNamara, Financial Times
A band of celebrities, human rights organisations and concerned investors plans to swamp Wednesday’s annual meeting of Vedanta to voice long-escalating complaints about what they see as the Indian miner’s persecution of a nature-worshipping tribe in India. Bianca Jagger will read a letter on behalf of tribal elders from the Dongria Kondh, a tribe that allegedly opposes the...group’s plans to build a bauxite mine on their homeland in the Niyamgiri Hills of Orissa state. Vedanta disputes this claim...MS Mehta, Vedanta’s chief executive, on Tuesday denied all claims made by human rights groups including Survival International, Amnesty International, and Actionaid. He said: “There is no shred of truth here”
Vedanta faces protests over India mine project
Author: Reuters
Vedanta Resources will face protests at its shareholders' meeting on Wednesday from investors and pressure groups over its plans to build a bauxite mine in an area [in India] sacred to indigenous people. Pressure groups have long opposed a planned mine in India's eastern Orissa state, but the sympathetic move by major asset manager Aviva Investors (part of insurer Aviva) marks a more activist stance by institutional investors on social issues...To show its concern over the Bauxite mining project and other issues with the company, Aviva said it plans to vote against three resolutions at Vedanta's meeting on Wednesday.
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- Related companies: Aviva
[PDF] Improving Vedanta Resources’ governance of responsible business practices
Author: EIRIS
Vedanta Resources…has come under international scrutiny for its plans for a bauxite mine and the expansion of its Lanjigarh alumina refinery…The UN protect, respect and remedy framework makes clear that companies have the responsibility to respect human rights and that due diligence should cover these issues…This briefing focuses on the EIRIS Convention Watch reports on Vedanta Resources, giving details of the Company response…To follow best practice in addressing investors’ concerns, Vedanta Resources needs to…1. Widen the remit of the HSE committee…2. Train and allocate responsibility at board level…[includes case studies of best practice by Alcoa, Anglo American, BHP Billiton, BP, Goldcorp, Rio Tinto; also refers to Bharat Aluminium (BALCO) (part of Vedanta). Also refers to PGGM]
- Related stories: EIRIS publishes best practice recommendations for Vedanta to address investor concerns over alleged human rights impacts in India Protest at Vedanta annual meeting against plan to mine India hills allegedly sacred to indigenous tribe - firm says tribe supports mine
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- Related companies: Alcoa Anglo American Bharat Aluminium (part of Vedanta Resources) BHP Billiton BP PGGM Rio Tinto