Socially responsible shareholders file resolutions with 6 US finance firms invested in companies linked to Sudan over Darfur

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Article
20 December 2007

Human Rights Groups and Investors Push Wall Street to Use Influence in Sudan to End War Against Civilians in Darfur

Author: Amnesty International USA

A coalition of leading human rights organizations and socially responsible investment companies have jointly announced the filing of shareholder resolutions with six major banks and financial firms [Citigroup, Morgan Stanley, Merrill Lynch, T. Rowe Price, Wells Fargo and JP Morgan Chase] with the goal of engaging Wall Street to push Sudan to end the violence in Darfur and accept full deployment of U.N. peacekeepers…In total, the coalition is calling on more than 40 top firms with holdings in these Sudan-linked companies [China National Petroleum Corporation, Petronas, Oil and Natural Gas Corporation, Sinopec Corporation] to use their influence as major investors to pressure the Sudanese government... [also refers to La Mancha Resources]

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Article
28 November 2007

Progress Report [responses & link to list of firms that have not responded]

Author: Amnesty International USA

Scroll down to find out how particular investment firms are responding to our request that they use their influence to support human rights in Sudan.
[Responses by Aberdeen Asset Management, Axa, Axis Bank of India, Citigroup, Credit Suisse, Deutsche Bank, ING, KBC, Merrill Lynch, Morgan Stanley, T. Rowe Price, UBS, Vanguard, Wells Fargo.
Links to list of investment firms that have not responded: Berkshire Hathaway, Blackstone Group, Brown Capital Management, Capital Group, Eaton Vance, Fidelity Investments, FirstCity Financial, Franklin Templeton, Lazard, Principal Financial Group, Renaissance Technologies, Schafer Cullen, Thornburg Investment Management, ABN Amro, AGF Management, Allianz, AMMB Holdings, ASM Asset Management [part of Amanah Saham Mara Berhad], ECM Libra Avenue, Edmond de Rothschild Group (LCF Rothschild), Haitong Securities, Housing Development Finance Corp (HFDC), Invesco, Pacificmas, Pictet, Prudential PLC, Sumitomo Mitsui Financial (part of Sumitomo Group)]

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