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correction-instar-pri-letter-2024-accepted-869f7d740909a499.pdf
The Private Equity Stakeholder Project and United Farm Workers argue that Instar Asset Management has violated the PRI's integrity by ignoring labor abuses at Windmill Farms, including wage theft, gender discrimination, and union-busting, despite Instar's public ESG policies.
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Document type: Statement
Formal complaint regarding Serious Violations of the Principles for Responsible Investment (PRI) by signatory Nuveen, a TIAA company
The complaint argues that TIAA/Nuveen engages in systematic greenwashing by marketing sustainable ESG products while maintaining substantial holdings in coal, oil, and gas, and acquiring land in Brazil linked to deforestation and human rights abuses. It requests that the PRI Board investigate these practices and require corrective actions, including full divestment from fossil fuels by 2025.
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Document type: Report
pai-partners-un-pri-letter-2-2320b03b1a62d4f5.pdf
The Private Equity Stakeholder Project and the UE union argue that PAI Partners' commitment to ESG is contradicted by Refresco's labor abuses, safety violations, and environmental non-compliance.
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Document type: Statement
Request to support due implementation of CDM rules re #3237: Barro Blanco Hydroelectric Project
Civil society organizations are urging the CDM Executive Board to act against the Barro Blanco Hydroelectric Project in Panama. They cite the Panamanian government's temporary suspension of the project due to failures in reaching agreements with indigenous Ngöbe-Buglé communities and breaches of environmental impact assessments. The authors argue that the project's 2011 CDM registration ignored evidence that stakeholder consultation rules were not met and call for the Board to coordinate with financing banks and national authorities to ensure compliance with human rights and CDM standards.
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Document type: Statement
Improper Interference in Pending CAO Case
The Center for International Environmental Law (CIEL) alleges that the International Finance Corporation's (IFC) Agribusiness Department improperly interfered in a Compliance Advisor Ombudsman (CAO) case concerning an IFC-financed ethanol plant and sugarcane fields in Nicaragua. CIEL claims the Department issued inaccurate public statements on January 29, 2009, which mischaracterized the CAO's findings on the link between Nicaragua Sugar Estates Limited (NSEL) and an epidemic of chronic renal insufficiency (CRI). CIEL argues these actions undermine the CAO process and jeopardize sensitive negotiations between local communities and NSEL regarding health services and epidemiological studies. The letter requests a retraction of the response, an inquiry into its preparation, and the appointment of an overseer for the Department's activities in this case.
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Document type: Statement
Complaint: Verra’s non-compliance with ICVCM grievance mechanism rules
Carbon Market Watch has filed a complaint with the ICVCM, asserting that Verra violated the Core Carbon Principles (CCP) Assessment Framework by failing to ensure impartiality during its review of human rights allegations made by Human Rights Watch. The complaint highlights that Verra relied on the project implementer and the same validation/verification bodies that had previously approved the project, creating inherent conflicts of interest. Carbon Market Watch calls on the ICVCM to evaluate the real-world effectiveness of Verra's grievance mechanism and to implement a broader process for assessing program compliance beyond written commitments.
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Document type: Statement