Freitag, 24. März 2017

#DefundDAPL: Norways Kommunal Landspensjonskasse (KLP) defunds several companies related to DAPL

Norways Kommunal Landspensjonskasse (KLP) defunds several companies related to DAPL


Thanks to Darlu Littledeer I got aware of this fact AND all the more important the LETTER in which KLP  reasons their withdrawal.

Link to KLP's reasoning about their withdrawal

This is a 14 pages consideration of facts and law.
In this KLP clearly draws a line on how to act sensible and responsible.

I won't translate this as it is way to long (or I may, but this will take some time since I am working on the speech of  the late Russel Means) so for my German readers please a) be patient or b) find some one who can read it to you in German.

The key passage, as Darlu already pointed out is:
"KLP has decided to exclude Energy Transfer Partners ("ETP"), Enbridge Energy Partners, Phillips 66 and Marathon Petroleum from investments by KLP and the KLP Mutual funds (‘KLP’) as of 13 March 2017 due to an unacceptable risk of contributing to serious or systematic human rights violations."

"KLP hat beschlossen, Energy Transfer Partners ("ETP"), Enbridge Energy Partners, Phillips 66 und Marathon Petroleum  per 13. März 2017 von Investments durch KLP und dem KLP Mutual funds (‘KLP’) auszuschliessen, da ein [ethisch] unakzeptables Risiko der Teilhabe an systematischen oder schwerwiegenden  Vergehen gegen Menschenrechte besteht."


This, in my eyes, is the biggest success ever reached by #NoDAPL.