The Tuticorin copper smelter located in a South Indian city of 320,000 and owned by Vedanta Resources, has faced criticism for more than two decades for causing increased cancer rates in surrounding villages. Nisha Valderas, a resident, describes the situation: “If you go to the doctor, the first question is: Are you from Tuticorin?”. She knows of at least three people from the region who died of cancer before the age of eighteen. ... →
The four major companies producing broiler chicken in Thailand have been shown to violate labour rights in the production facilities. The companies Charoen Pokphand Foods PCL, Laemthong Corporation Group, Centaco Group and Saha Farms Group are found to have in particular, violated the rights of vulnerable migrant workers in the industry.
An investigation by Finnwatch in September 2015 looked at six large factories in six Thai provinces. ... →
In June 2016, BankTrack published its second edition of “Banking with Principles? – Benchmarking Banks against the UN Guiding Principles on Business and Human Rights“. Using 12 criteria in 4 categories (policies, due diligence commitments, reporting and access to remedy), based on the UN Guiding Principles on Business and Human Rights, BankTrack assessed 45 of the largest banks globally, including Commerzbank and Deutsche Bank. ... →
The Council of Ethics for the Norwegian Government Pension Fund Global, one of the largest investors worldwide, has issued recommendations to exclude 6 more companies from the investment portfolio.
Its annual report 2014 and the corresponding website give details on the recommendations concerning the following companies:
- Noble Group (Hongkong; severe environmental damage through the conversion of tropical rainforest into oil-palm plantations, 26.6.2013)
- China Ocean Resources (Hongkong; Loss of biodiversity through in illegal fishing and its targeted catching of endangered species, 8.11.2013)
- Tahoe Resources Inc.