Hide Message

Updating the Resource Centre Digital Platform

The Business & Human Rights Resource Centre is at a critical point in its development. Our digital platform is home to a wealth of information on business and human rights, but hasn’t had a visual refresh for a number of years.

We will soon be updating the site to improve its usability and better serve the thousands of people that use our site to support their work.

Please take an advance peek at our new look, and let us know what you think!

Thank you,
Alex Guy, Digital Officer

Find Out More Hide Message

You are being redirected to the story the piece of content is found in so you can read it in context. Please click the following link if you are not automatically redirected within a couple seconds:
en/study-finds-companies-targeted-for-divestment-from-sudan-underperformed-their-competitors#c30113

Sudan divestment campaigns gain momentum

Author: Holly Hubbard Preston, International Herald Tribune, Published on: 23 May 2008

A study [conducted with Bloomberg by the Genocide Intervention Network and its Sudan Divestment Task Force project] provides statistical evidence of what many advocates of socially responsible investing have long asserted: Companies with links to regimes with questionable human rights practices make poor investments, financially as well as ethically…The study examined actual and forecast returns on investment of 37 multinational companies affiliated with Sudan, the resource-rich country that has been accused of bankrolling a genocide campaign against its citizenry in its Darfur region…[T]he Sudan-linked companies…underperformed their peer group average by 46 percentage points the first year, 22 percentage points in the third year, and 7 percentage points in the fifth year. [refers to PetroChina, Indian Oil, Lundin Petroleum, Dietswell Engineering, Sinopec, Petronas, Oil & Natural Gas Corporation (ONGC), Alstom, Total, Petrofac]

Read the full post here

Related companies: Alstom China Petroleum & Chemical (Sinopec) Indian Oil Corporation Lundin Petroleum ONGC (Oil & Natural Gas Corporation) PetroChina (part of China National Petroleum Corporation) Petrofac Petronas Total