Divestment. I already mentioned it several times on this Blog (tag: Divestment for more), as well as the work done by Investors Against Genocide.
Marc Gunther is a veteran journalist and writer whose focus is business and sustainability. He is editor at large of Guardian Sustainable Business US and is the author or co-author of four books. He recently posted on The Guardian:
Call me old school but, in my view, companies should be accountable to their owners.
They should also try to stay away from repressive governments like the one in Sudan, where millions of people have been killed in a long-running genocide.
So when, as part of a campaign to stop the flow of money to Sudan, investors voted to ask a mutual fund managed by ING US to sell its holdings in companies that “contribute to genocide or crimes against humanity,” you’d think that ING US would comply.
It has not.
Full article here.
