"Standing Rock Sioux - A Model for Protection of Planet and its People"

Author: David Schilling, Senior Program Director, Interfaith Center on Corporate Responsibility, on website of Institute for Human Rights and Business, Published on: 21 December 2016

...With most of the DAPL completed, the Standing Rock Sioux, after a months-long campaign against the pipeline, has won a major victory when, on December 4th the Army Corps of Engineers announced it will not grant the permit to drill under the Missouri River, near Sioux lands...

The struggle is not over...Members of the Interfaith Center on Corporate Responsibility have already filed shareholder resolutions with a number of companies, including Enbridge Energy, Phillips 66, Marathon Petroleum, Wells Fargo, Morgan Stanley and Goldman Sachs, with more to come.  The resolutions call on the banks to issue a public report on the North Dakota DAPL, describing its financing of companies involved in the pipeline and whether its Indigenous rights policy was applied, and to consider policy options to improve implementation, including enhancing the risk metrics and due diligence process. Free, prior and informed consent is central to any meaningful criteria to assess whether or not to invest in projects that impact Indigenous lands and communities...

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Related companies: Enbridge Energy Partners Energy Transfer Partners Goldman Sachs Marathon Oil Morgan Stanley Phillips 66 Wells Fargo