| Chevron (CVX) Must Include Burma Resolution on Its Ballot |
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| Written by Miranda Marquit | |
| Monday, 05 May 2008 | |
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Chevron (CVX) is one of the major investors in the Yadana gas field and pipeline project. This pipeline transports gas to Thailand and, reportedly, pays a rather large chunk to the military regime in Burma.  Photo:C4Chaos, Creative Commons, Flickr Many social conscious investors have been concerned about the fact that Burma's human rights record is exceptionally dismal, and groups have been trying to get CVX to include a resolution this proxy season requiring Chevron to develop country selection for investment projects in terms of human rights. The AFL-CIO was part of the effort, and offers this: The fact that the SEC has issued an opinion in this case to the effect that Chevron must include this in its proxy season voting is a victory for many socially conscious investors concerned about human rights. The date of the vote is May 28. For a related article, check out David Neubert's A Protest Against Chevron Paying Royalties to Burmese Government: What Should A Shareholder Do? and for more information on other socially conscious corporate proxy voting measures, take a look at the Proxy Season Preview 2008. Disclosure: I do not own CVX. I am not a member of the AFL-CIO. Site disclaimer. CVX 
Human Rights 
Miranda Marquit 
Shareholder Activism 
Comments
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written by David Neubert , May 08, 2008
I own CVX and will be using my shareholder voting power to try to influence this.
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