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Article

3 Oct 2007

[PDF] Testimony of Bennett Freeman, Senior Vice President, Social Research and Policy, Calvert Group, to United States Senate Committee on Banking, Housing, and Urban Affairs

…Calvert fully supports the approach of the Sudan Divestment Task Force (SDTF) and the Save Darfur Coalition (SDC) to engage with companies where possible, and divest only when necessary. Targeted divestment focuses on a narrow group of companies, mostly in the oil and infrastructure sectors, that contribute disproportionately to the government of Sudan’s revenue base and in turn help facilitate its actions in Darfur… Targeted divestment is a well-crafted, well-timed tool that combines economic with political pressure… Moreover, it is the right of investors to ensure that their investments do not support genocide and do support peace and security in Sudan. [refers to 3M Company, Talisman, ABB, Siemens]