US : US remote_ip:209.200.185.86 cookies[:remote_ip]: http_client_ip:
 

Banks meet activists to discuss Vedanta 24 September 2009

There have been repeated worldwide protests about Vedanta's operations.
There have been repeated worldwide protests about Vedanta's operations.
© Survival

An unprecedented meeting of bankers, NGOs and lawyers took place in London this week to discuss widespread concerns over British company Vedanta Resources’ mining operations. Representatives of Vedanta were invited, but did not attend.

The meeting occurred shortly before the UK government is expected to rule on Survival’s formal complaint that Vedanta has breached the OECD Guidelines on Multinational Enterprises – the key principles for ethical corporate behaviour – over its treament of the Dongria Kondh tribe in Orissa, eastern India.

All companies registered in OECD countries are expected to abide by the guidelines. The OECD (Organisation for Economic Cooperation and Development) groups together the majority of the world’s industralised nations.

Meanwhile, a major accident at a power plant owned by Vedanta subsidiary Balco is believed to have killed at least 22 people. A search for survivors is currently under way after a chimney collapsed onto a workers’ canteen in Chhatisgarh, India.

 

Share this news story

Email
 

Act now to help the Dongria Kondh

 

Subscribe »

Get a monthly e-mail with news from tribal peoples:

Subscribe to our news feed:

News feed
 

or follow us on the web:

News archive »