Add articles to your saved list and come back to them any time.A coalition of global investors managing a collective $14 trillion has written to Australia's biggest mining companies describing Rio Tinto's destruction of Aboriginal rock shelters as a wake-up call and demanding assurances about their relationships with First Nations peoples.
"The events at Juukan Gorge have shown this is a significant risk for investors and have prompted us all to take a deeper look at how relationships between companies and First Nations and Indigenous peoples are formed and function," said the letter, whose signatories also included HESTA, Cbus Super, the Australian Council of Superannuation Investors , Aviva Invetors, Legal & General, AXA, and the California State Teachers' Retirement System.
However, the Juukan Gorge disaster and subsequent federal parliamentary inquiry have shone a spotlight on a power imbalance underpinning negotiations between resources giants and Indigenous groups, including the use of "gag clauses" in land use agreements that prohibit traditional owners from publicly objecting to mining activity.
Source: Law Daily Report (lawdailyreport.net)
NickToscano1 A 'wake-up call'? How about a 'crime against humanity'.
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