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História

1 Fev 2022

Digging Deeper: What investors have to say about allegations faced by the projects they fund

Business & Human Rights Resource Centre

Extractives projects, such as mines and oil fields, are one of the main sources of human rights abuses in Eastern Europe and Central Asia, with hazardous working conditions, labour rights abuses, effects on the health of local communities, and severe environmental impacts.

In June 2021, the Business & Human Rights Resource Centre released Digging in the Shadows, an analysis of the human rights policies and performance of the largest extractives projects in Armenia, Georgia, and Kazakhstan. The report found serious allegations around violence and killings, labour rights violations, environmental destruction, displacement, and poisoning from toxic emissions.

To learn more, visit our page on Western investment in rights-violating projects.

allegations for projects with western investment - digging in the shadows

Investor Outreach

In late November 2021, the Business & Human Rights Resource Centre reached out to Western investors and shareholders with current investments in projects with particularly serious human rights allegations. We also narrowed the list to exclude intermediary companies , and did not contact investors who exclusively invested in projects where we did not find significant human rights allegations.

As part of this project, we reached out to:

Here, you can find the letters we sent each of these investors outlining human rights allegations related to the projects they fund. We further engaged with the European Bank for Reconstruction and Development via video conferencing. As part of this story, you can view each investor's response.

Respostas da empresa

Intesa Sanpaolo Ver resposta
Banca Comercială Română (BCR) Ver resposta
Black Sea Trade and Development Bank Ver resposta
Chevron Ver resposta
Citigroup Ver resposta
Crédit Agricole Ver resposta
Deutsche Bank

Sem resposta

European Bank for Reconstruction and Development (EBRD) Ver resposta
HSBC

Sem resposta

JPMorgan Chase

Sem resposta

Raiffeisen Zentralbank (RZB Group) Ver resposta
Shell plc Ver resposta
Société Générale Ver resposta
Swedish Export Credit Corporation (SEK) Ver resposta
Unicredito Italiano (now Unicredit) Ver resposta
Vitol Ver resposta
ExxonMobil Ver resposta
TotalEnergies (formerly Total) Ver resposta

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