Guardian:
Pressure was mounting on the Church of England tonight to use its power as a shareholder to stop mining company Vedanta Resources from opening a bauxite mine in a sacred part of India after it vowed to go ahead despite pleas from indigenous people.
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Human rights campaigner Bianca Jagger said: “I appeal to the shareholders to hold Vedanta accountable to make sure it adheres to social, corporate and ethical responsibilities.”
A spokesperson for the church, which has a £2.5m stake in Vedanta, said: “The church investors use their influence as shareholders to improve corporate behaviour. Working to a robust ethical investment policy, issues of concern are raised in a constructive and ongoing engagement, which experience has often shown to be the most successful way of bringing about change.”
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