Chevron to fo­cus on hu­man rights is­sues

Mizzima Business Weekly - - BUSINESS ALERTS -

Chevron Corp will pay at­ten­tion to hu­man rights is­sues in Myan­mar un­der an agree­ment with the in­vestor group Az­zad As­set Man­age­ment, which had urged it to be more alert to violence in Myan­mar, re­ported Reuters. Chevron will un­der­take steps in­clud­ing social in­vest­ment re­views in the Rakhine State, do­nate to hu­man­i­tar­ian or­ga­ni­za­tions for refugees from Rakhine, and help de­velop prac­tices for com­pa­nies oper­at­ing amid risks of crimes against hu­man­ity, Reuters re­ported cit­ing a let­ter signed by a com­pany ex­ec­u­tive. Az­zad As­set Man­age­ment sub­mit­ted a share­holder res­o­lu­tion urg­ing Chevron to report on its busi­ness with govern­ments com­plicit in geno­cide or crimes against hu­man­ity, agreed to with­draw the pro­posal, Reuters re­ported cit­ing a copy of the agree­ment. “Chevron ap­pre­ci­ates Az­zad’s con­struc­tive en­gage­ment and com­mends them for rec­og­niz­ing our ac­tions re­lated to hu­man rights,” Mary Fran­cis, Chevron’s gov­er­nance of­fi­cer who signed the let­ter, said in an emailed state­ment.

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