Indigenous Rights Risk Report for the U.S. Extractive Industry

18 Mar

“First Peoples Worldwide’s Indigenous Rights Risk Report addresses one main question – why should investors and shareholders care about Indigenous Peoples? For years, Indigenous Peoples and their supporters have made the moral argument for their rights outlined in International Labor Organization Convention 169 (ILO 169), the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP), and the other international and national laws that followed…. Events over the last decade have proven that companies that fail to respect Indigenous Peoples’ rights and do not forge positive, trust-based relationships with Indigenous communities increase their risk of protests, negative press, work stoppages, shut-downs, and law suits – all of which have a negative and material impact on profits and share price…. The impact of these risks on a companies’ [sic] bottom line are real and increasing.”

Read the full report here:  http://www.firstpeoples.org/images/uploads/R1KReport2.pdf

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