In February 2015, Glencore´s joint venture with Dan Gertler´s Fleurette Group, Mutanda Mining, acquired a further concession for copper and cobalt mining in the Democratic Republic of Congo. The state mining company Gécamines held 30% of the Kawama concession, while ... →
The Norwegian insurance company KLP has excluded the company HeidelbergCement (Germany) and Cemex (Mexico) from its investment portfolio. This is due to the illegal exploitation of non-renewable resources in the occupied Palestinian territories. The subsidiaries of HeidelbergCement and Cemex in ... →
While the UN prepares for a new climate agreement in Paris and the G7 nations make the first clear steps towards climate change mitigation, Glencore has been using the low coal prices to acquire additional mining areas.
According to Glencore, ... →
Glencore Energy UK Ltd. has been accused of illegal oil bunkering in Nigeria. The Nigerian Economic and Financial Crimes Commission (EFCC) brought three companies and 14 individuals before the Federal High Court in Lagos, claiming they “without lawful authority or ... →
Since March 2015 there have been continued protests in the South of Peru against the Tía María project, a copper mine in Moquegua Region.
After a fifth person has died in the erupting violence, the Peruvian government has declared a ... →
Norway’s parliament has voted that the Norwegian Government Pension Funds should sell its shares in the coal industry, in both mining and utility. The world’s largest sovereign wealth fund is one of the top ten investors Coal. By 2016, all ... →
A report published by the Indonesian NGO Greenomics on May 6th 2015 shows the continued deforestation of an elephant habitat in Leuser (Indonesia) by a supplier of Musim Mas and Wilmar International, the company Aloer Timur (part of the Mopoli ... →
We would like to highlight this certainly very interesting debate taking place on June 10th at the University of Hamburg:
Company should follow the divestment-course of other investors – No more money for climate offenders and mountain top removal– environmental catastrophe is looming through new investments in Bangladesh
Berlin/Köln, 19.05.2015 On the occasion of the upcoming Annual General Meeting of ... →