Ana Xambre Pereira
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Letter / 16 December 2024
Urgent call to halt all divestments in the Niger Delta, including Shell's refused sale of SPDC shares
The proposed sale of Shell’s shares in the Shell Petroleum Development Company (SPDC) to the Renaissance consortium, alongside similar divestments by TotalEnergies and other oil companies, threatens the Niger Delta and its people environmental and social well-being for generations to come.
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Press release / 12 December 2024Website names companies excluded by global investors and banks
The Hague/San Francisco, Dec 12, 2024 - The updated version of the Financial Exclusions Tracker is released today: financialexclusionstracker.org. The website tracks which companies are being excluded by institutional investors, pension funds and banks due to human rights, public health and sustainability issues. The most common reasons for exclusion are links to fossil fuels, weapons or tobacco.
The Financial Exclusions Tracker is an initiative from an international coalition of NGOs striving for more transparency and information disclosure.
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News / 3 October 2024CVM trial of Vale Executives over Brumadinho Dam Collapse brings new momentum
Fabio Schvartsman and Gerd Peter Poppinga attended a Securities and Exchange Commission (CVM) trial session, last Tuesday, October 1st. Poppinga was convicted by one of the CMV directors, but the second CMV director requested more time to review the case files, postponing the judgment by 60 days. Victims’ families and supporters will have to keep waiting for justice regarding one of Brazil’s worst human and environmental disasters.
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News / 26 April 2024Communities Urgent Warning Ahead of Vale S.A.’s Annual Meeting: Stop Ongoing Abuses of People and Environment
As shareholders in Brazilian mining giant Vale S.A prepare to gather online for the company’s Annual General Meeting (AGM), communities from Brazil to Indonesia criticize the company’s track record on human rights and environmental stewardship. They also point to the almost $50 billion in mounting lawsuits against the company as a risk factor that should serve as a warning sign to investors.