U.S. Companies Report on Burma Investments – Reporting Requirements Spur Disclosures, But Questions Remain, 1 July 2014

…The second set of annual reports pursuant to the U.S. Government’s Burma Responsible Investment Reporting Requirements was published. The reports include disclosures related to human rights, workers’ rights, the environment, anti-corruption, land acquisition, revenue transparency and military communications…Director Kathy Mulvey [said]…”Some of the reports submitted to date provide valuable information to investors seeking to identify corporate involvement in Burma/Myanmar…However, the omissions may be as revealing as the submissions. Several reports fail to provide critical information, and some companies may be taking an overly narrow view of the investments that are subject to reporting”…[refers to Capital Group, Coca-Cola, Four Rivers]