Investors
Against Genocide
Draw the line at investing in genocide
New
campaign launched
|
The campaign for
genocide-free investing is continuing to build momentum.Today, we are launching a public campaign with
TIAA-CREF.We recently
initiated a broad-based effort to have the UN Global Compact engage
with PetroChina regarding its human rights commitments.And, we continue to advance our shareholder
action at Fidelity.Read on for
highlights of each campaign or visit www.investorsagainstgenocide.org for details and how you can
get more involved.
Tell TIAA-CREF to put genocide-free
investing on the ballot
IAG had been in private
discussions with TIAA-CREF for over a year regarding its investments in
PetroChina, Sinopec, ONGC, and Petronas, and their connection to the genocide in Darfur.Though TIAA-CREF is not one
of the largest holders of problem companies, it should live up to its marketing
credo of “financial services for the greater good."
Join us and
tell TIAA-CREF to put
genocide-free investing on the ballot for the
shareholder meeting on July 15.Also,
read the
article published by
The Chronicle of Higher Education and forward it to your
friends.
IAG
leads call to the UN Global Compact for PetroChina to help
Darfur
A broad-based international set of over 80
civil society organizations including human rights, corporate accountability,
religious and anti-genocide groups from 19 countries have signed an open letter
to the United Nations Global Compact. The letter was also signed by four members of
the US Congress, members of the Canadian Parliament and other distinguished
individuals. The letter calls upon the
UN Global Compact to use its influence with PetroChina, a compact participant,
to help bring an end to the humanitarian crisis in Sudan.
The Executive Director
of the UN Global Compact has posted the letter and their response on its website
and forwarded it to PetroChina. Click here
to read more and add your organization to the sign on
list.
Fidelity shareholder
meeting and voting results from May 14
The most
significant result of the shareholder meeting was that Fidelity said that the
Board of Trustees would meet and reconsider their earlier decision to oppose the
genocide-free shareholder proposal.We
hope to have news before the next shareholder meeting on June 18.
Six
more funds recorded votes on May 14, including a new high support level of 31%
in favor of genocide-free investing.We
have more time to get out the vote for 9 funds that adjourned to June 18,
including Contrafund, Diversified International, Growth Company, Low Priced Stock, and Magellan funds.
If you are a Fidelity
shareholder, there is still time to vote. Click here
for details.
If you are not a Fidelity
shareholder, please help spread the word about the June 18 vote.
Click here for ways to
help.
It’s also easy to share this
email with others and ask them to sign up for our mailing list at www.InvestorsAgainstGenocide.org.
Thanks for your
ongoing support
The Investors Against Genocide Team
Here are some links to news about
our campaign for genocide-free investing:
Tell TIAA-CREF You Do Not
Want Your Retirement Money to Support Genocide, Eric Cohen op-ed,
Chronicle of Higher Education, 05-16-2008
Global Compact responds to letter on Sudan:
PetroChina, UN Global Compact, 05-15-2008
McCain urges Sudan divestment, ABC
News, 05-15-2008
Cindy McCain sells Sudan related
investments, AP, 05-14-2008
UN
Global Compact and PetroChina, CSRwire, 05-14-2008
Interview with Eric Cohen on genocide-free
investing, Fox Business News, 03-19-2008
Darfur outrage
spreads to mutual funds - Shareholders get a
say, Wall Street Journal,
03-12-2008
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ABOUT INVESTORS AGAINST
GENOCIDE
Investors Against Genocide
is a non-profit
organization dedicated to ending investment in genocide.The organization works with individuals,
companies, organizations, financial institutions, the press, and government
agencies to build awareness and to create financial, public relations, and
regulatory pressure for investment firms and companies to change. The ultimate goals are that the Government of
Sudan ends its deadly genocide Darfur and
that companies and investment firms avoid helping to fund genocide. For more
information, visit www.investorsagainstgenocide.org.