Algomtl
svgfair.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 :
ethical, vedanta, faces, protests, over, record
Allemagne 73463 Habillement / Mode
Anerkjendt-Humör vêtements pour hommes

Tuesday 17 March 2026

Quantité : 22 Kg - Prix : 21,90€/Kg

Anerkjendt-Humör D'origine: Danemark Pour homme Saison: printemps Lot: ≈ 21,5 kg Le paquet contient: Knitwear 10%, Trousers 12%, Shirt 18%, T-shirt 2%, Shorts 2%, Jeans 2%, Sweatshirt 25%, Jacket 2%, Skarf 2%, Accessories 20% Nous sommes spécialisés sur l'import et export de fin de...

Postskriptum GmbH

  • 73463 - Westhausen
  • 004973639579203
  • 004915171304811
France 87000 Cuir / Chaussures
photo non disponible

Wednesday 13 September 2017

Quantité : 1.5 T

Nous sommes une société familiale basée en France spécialisée dans la vente de chaussures d'occasion et fripe collectées directement auprès des collectivités, associations et particuliers sur la zone frontalière suisse. Nous travaillons sur des petites et moyennes quantités sans minimum...

MEX

  • 87000 - limoges
  • +33 6 58 18 02 95
  • 06 58 18 02 95
France 528000 Pro / B2B
PVD Coated Stainless Steel Plate Sheet

Friday 05 January 2024

PVD (Physical Vapor Deposition) coated stainless steel plate sheet is achieved by depositing a thin layer of metal or compound on the stainless steel surface using a vacuum coating process. It creates a durable, decorative, and colored finish, commonly used in architectural and interior design...

Normandy Metal Industry Co., Ltd.

 

Paiement sécurisé

Paiement sécurisé

Informations

Les plus recherchés