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| January 8, 2009 |
Investors Against Genocide
PETROCHINA ACCUSED OF COMPLICITY IN GENOCIDE BY OVER 80 CIVIL SOCIETY ORGANIZATIONSGroups ask UN Global Compact to remove PetroChina as a participant unless it acts to help end genocide.
PetroChina, the publicly traded arm of China National Petroleum Corporation (CNPC), is Sudan's largest oil industry partner and has financial links to the regime perpetuating the six-year humanitarian crisis in Darfur which many consider to be genocide.
The UN Global Compact's founding principles call for businesses to support and respect human rights, and its "Integrity Measures" define steps to safeguard the reputation, integrity and good efforts of the Global Compact and its participants. The complaint, which was submitted under these Integrity Measures, asks the UNGC to use its "good offices" to influence PetroChina to engage with the government of Sudan on behalf of the Darfuri people. If, after three months, there is no satisfactory resolution of the issues raised, the group requests that the Global Compact "consider PetroChina's participation to be detrimental to the reputation and integrity of the Global Compact and remove the company from the list of participants."
Investors Against Genocide is a non-profit organization dedicated to ending investment in genocide. The organization works to build awareness of this problem and to advocate for investment firms and companies to change. The ultimate goals are that the Government of Sudan ends its deadly genocide in Darfur and that companies and investment firms avoid investing in genocide. For more information, visit <http://www.