We advocate for investment firms to make an ongoing commitment to genocide-free investing policies that would apply to future genocides or crimes against humanity.
Since the government-sponsored genocide in Sudan continues, we advocate for investment firms to avoid or divest holdings of the four foreign oil companies that are the largest business partners with the government of Sudan. These four companies are PetroChina/CNPC, China Petroleum & Chemical Corporation/Sinopec, ONGC and Petronas.
Our goal is to make the U.S. financial investment industry more responsive to the American public’s interest in not having their savings connected to the most egregious violations of human rights.
As part of our campaign we engage investment firms on the importance of genocide-free investing and how to implement such an investment policy.
We also coordinate submission of shareholder proposals on genocide-free investing to large investment corporations, such as JPMorgan and Franklin Resources and to individual mutual funds, such as those from Vanguard, Fidelity, Franklin Templeton and JPMorgan. The typical genocide-free investing proposal is:
Shareholders request that the Board institute transparent procedures to avoid holding or recommending investments in companies that, in management’s judgment, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights.