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Article

16 Nov 2017

Author:
Faarea Masud, BBC World Service

Myanmar: Chevron says it will push for human rights following criticism over its partnership with govt.

"Chevron says it will push for Myanmar human rights", November 2017

The firm has multi-billion-dollar energy investments in Myanmar...After years of pressure from activist investors, Chevron said it would work for "a business environment that respects human rights"."Chevron values the ongoing dialogue with the stockholders on this critical issue of violence in Rakhine State, Myanmar," the firm wrote in a statement to the BBC..."We will continue to work with other US companies and the government to promote the value of US investment in Myanmar and the need to foster a business environment that respects human rights"...Chevron, with French oil giant Total, has oil and gas exploration projects in the resource-rich Rakhine Basin, as well as established projects in other parts of Myanmar...The northern Rakhine state has been the site of alleged human rights abuses, including rape, mass murder and the destruction of villages...Activist Chevron investor Joshua Brockwell from Azzad Asset Management told the BBC: "There is concern for business assets in the region as well as reputational risks that go along with having your name associated with a country that is possibly engaged in genocide".

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