Algomtl
welchome-fair.com
 
Détails
Chine (Rép. pop) Matières premières
Matières premières

Vedanta faces protests at AGM over ethical record

DSC08554
The environmental and human rights record of the miner Vedanta Resources will be put under the spotlight during its annual meeting next week, when the India-based group will face protests from pressure groups and an attempt by activist shareholders to remove members of the board.
Vedanta, the world's biggest zinc producer, declined to comment yesterday on reports that the shareholder lobby group Pirc will propose the removal of Naresh Chandra, a non-executive director who chairs the London-listed group's health, safety and environment committee and its remuneration committee. Mr Chandra, a former Indian home secretary and ambassador to the United States, joined Vedanta's board in 2004. He was not available for comment yesterday.
Pirc, which also called on shareholders not to back the re-election of directors Euan McDonald and Aman Mehta, said: "The failure of the group to engage with explicit investor-led [environmental, social and governance] concerns over the impact of group activities... [is] evidence of a lack of competent oversight, in our view."Vedanta has consistently been attacked by a range of groups. Human rights and environmental organisations have criticised the company for its bauxite project in the Niyamgiri hills of eastern India's Orissa state. The local Dongria Kondh tribe argues that if the Indian government gives Vendanta's proposed mine a green light, their way of life will be lost. Pressure groups also complain that the project will be an environmental disaster.
Last year, the company's safety record was widely condemned after more than 100 workers were killed when a chimney collapsed at an aluminium plant in central India in which Vedanta has a 51 per cent stake through its subsidiary, Sterlite Industries. Vedanta had said the plant benefited from a "relatively low cost of operations and large and inexpensive labour and talent pools". Some of the company's biggest institutional investors, including Wellington Management Company and Standard Life Investments, refused to comment yesterday.
A clutch of non-corporate investors have sold their Vedanta shares in recent years, including the Joseph Rowntree Foundation, the Church of England and the Norwegian state pension fund. All blamed the company's ethical record. According to one analyst, the company "couldn't care less" about its reputation. However, in recent months, Vedanta has tried to reassure potential investors. Earlier this month, it published a 56-page document to accompany its annual report, which sought to highlight its social and environmental work.
Localisation : SHICHEN ROAD, 300400 AITANTI,
Personne à contacter : tw aluminum, +15 0 22 12 77 19

Bonne affaire : acheter au vendeur

Consultez notre guide pour effectuer une transaction en toute sécurité ! En aucun cas Algomtl ne peut être tenu responsable des annonces publiées. Seule la responsabilité du vendeur ou de l'acheteur en cas de litige est engagée.
Nous vous invitons à lire nos conditions générales d'utilisations. Vous pouvez aussi vous rendre sur nos FAQ et consulter notre page d'informations sur les risques liés à la contrefaçon.
Cette page concerne les importateurs et exportateurs de
Vedanta faces protests at AGM over ethical record

Rechercher dans la catégorie : Matières premières
Rechercher dans la catégorie :
record, over, protests, ethical, vedanta, faces
Inde 393002 Pro / B2B
photo non disponible

Dimanche 31 mai 2020

Both pigments and dyes are used to color different materials, but the way in which they do it is very, very different. It's all got to do with solubility – the tendency to dissolve in a liquid, especially water. Think for a moment of two glasses of water standing side by side – the...

Darshan Industries - Dyestuff Manufacturer & Exporter

  • 393002 - Panoli
  • 9898989898
France 19709 Alimentaire
Noix de cajoux de qualité

Mercredi 21 août 2019

Quantité : 400.000ton - Prix : 1500€

Nous sommes une société grossiste spécialiser dans la vente des produits agricoles en afrique et en europe .ainsi donc, nous avons commencer la campagne des noix de cajou pour l'année 2019 et nous souhaiterions rentrer en partenariat avec toute société ou particulier intéressé par...

Partner et CO

  • 19709 - Paris
  • +14 5 82 02 13 41
France 467000 Divers
ISOSTATIC GRAPHITE BLOCK

Mercredi 13 avril 2022

Prix : 10-30USD

Isostatic graphite block are mainly used in solar single, polycrystalline thermal field, semiconductor single crystal thermal field, graphite mold processing, insulation materials (solidified felt, carbon felt, graphite soft felt), graphite electrode (RP/HP/UHP), graphite special-shaped parts...

Pingdingshan Wanhui Graphite Co., LTD

  • 467000 - Pingdingshan
  • 0375 6506966
  • 86 15539792960
 

Paiement sécurisé

Paiement sécurisé

Informations

Les plus recherchés