Leading responsible investors have joined international calls for the full restoration of the democratic transition in Sudan with respect for the rule of law, accountable governance and civic freedoms following the October coup and subsequent agreement between the ousted prime minister and the military.
The 30 institutional investors identify these conditions as essential to a stable, profitable and sustainable business and investment environment, and a democratic, peaceful and prosperous future for the people of Sudan. They call on companies operating in Sudan to take a series of specific steps to identify and manage the heightened conflict risks; to protect and support staff; to avoid inadvertently funding the military and to invest in humanitarian initiatives and long term sustainable, regionally equitable wealth creation in Sudan in conjunction with a restored transition to democracy and a stable institution framework for accountable governance.
Though the situation has improved recently following the agreement between the ousted prime minister and the military key civil society groups who signed the 2019 constitutional documents were not included and it is clear that Sudan’s stability is still in the balance.
Boston Common Asset Management
Calvert Research and Management
Church of Sweden
Congregation of Sisters of St. Agnes
Dana Investment Advisors
Domini Impact Investments
Dominican Sisters ~ Grand Rapids
Everence and the Praxis Mutual Funds
Lady Lawyer Foundation
Miller/Howard Investments, Inc.
Northwest Coalition for Responsible Investment
SharePower Responsible Investing
Sisters of Mary Reparatrix
Sisters of St Dominic Racine, WI
Sisters of St. Dominic of Blauvelt, New York
Sisters of St. Dominic of Caldwell
Sisters of St. Joseph of Carondelet
Sisters of the Precious Blood
SOC Investment Group
Social Justice Committee of the UU Congregation at Shelter Rock
Storebrand Asset Management
Unitarian Universalist Association
United Church Funds
Zevin Asset Management
Adam Sterling, Founding Director, Sudan Divestment Taskforce
Bennett Freeman, former SVP, Calvert Investments
CSR Strategy Group
Collaboration on International ICT Policy for East and Southern Africa (CIPESA)
Geneva Center for Business and Human Rights