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Royal Dutch Shell, Rank 3 [4] Shareholders and environmentalists from the ShellGuilty campaign voiced their anger about Royal Dutch Shell's track record of alleged polluting, human rights violations and, recently, excessive executive pay despite the company's failure to meet pre-set targets. Campaigners claim the company's activities in Nigeria have caused severe oil spills in the Niger Delta region, the poisoning of communities through gas flaring, the emission of huge amounts of greenhouse gases, and the wasting of approximately USD 2.5 billion of natural gas annually. Along with facing a trial in the Netherlands over pollution allegations in Nigeria, Shell will also stand trial in New York for alleged collusion in human rights abuses dating back to the 1995 hanging of a writer and eight other activists. Sixty percent of Shell's shareholders rejected the plan to pay executives millions of pounds after not meetingperformance metrics, and Shell’s CEO will step down in June amidst accusations that the company is the most polluting in the oil sector and shareholder criticism over executive greed. Top three issues: 1. Impacts on Ecosystems/Landscapes 2. Impacts on Communities 3. Local Pollution Chevron, Rank 4 [5] Chevron is facing USD 27 billion in potential damages in one of the world’s largest environmental lawsuits in relation to its oil operations in Ecuador. The company has been blamed for increased cancer rates amongst local residents, severe damage to the environment and the degradation ofwater sources through oil contamination, pollution, and improperly treated waste. Shareholders voiced their concern over the effect the lawsuit might have on share prices. Top three issues: 1. Impact on Ecosystems/Landscapes 2. Impacts on Communities 3. Human Rights Abuses and Corporate Complicity © ECOFACT AG 2009, all rights reserved RepRisk® is a registered trademark of ECOFACT AG Page 4 of 9
Wal-Mart Stores, Rank 5 [2] Wal-Mart was mentioned as one of the retailers that sources beef products from companies which allegedly contribute to Amazon rainforest destruction and global warming. Greenpeace claims that these producers expand into the Amazonian rainforest and log and operate illegally, occupy natives' land, and practice modern-day slave labor. Wal-Mart was also accused of sourcing fish products from unsustainable suppliers. Top three issues: 1. Poor Employment Conditions 2. Supply Chain (E, S, L Issues) 3. Human Rights Abuses and Corporate Complicity Barrick Gold, Rank 6 [20] A major toxic spill has been reported at Barrick Gold's Mara Mine in Tanzania. The spill has allegedly contaminated the river Thigithe, which flows into the nearby Mara River, with hazardous sludge. Barrick Gold's Pascua-Lama Project was criticized by community leaders and legal experts from Chile and Argentina who denounced the project as illegal and lacking the social license to operate. The leaders claim it violates human rights guaranteed by the international and national system of law by ignoring the wishes of indigenous land owners affected by the project. NGO MiningWatch Canada made an urgent appeal to the United Nations Special Rapporteurs regarding alleged human rights violations at Barrick’s Porgera Gold Mine in Papua New Guinea, claiming that the indigenous landowners were beaten by security forces supported by Barrick Gold. Top three issues: 1. Impacts on Communities 2. Impacts on Ecosystems/Landscapes 3. Local Pollution © ECOFACT AG 2009, all rights reserved RepRisk® is a registered trademark of ECOFACT AG Page 5 of 9
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