Last month, The Ecologist magazine published a list of investors in Vedanta, the London-listed company planning ti mine bauxite in the Niyamgiri Hills in India against the opposition of many of the Indigenous Kondh people.
Halifax Pension Fund, Lloyds TSB Group Pension Fund, Norwich Union Life and Pensions Ltd and Prudential Managed Pension Fund, amongst others, are all named as beneficial shareholders in the controversial mining conglomerate.
Also listed as shareholders are Axa Sun Life Assurance Society, Jaguar Cars Pension Plan, Land Rover Pension Trustees Ltd, Unilever Pension Fund and Coors Brewers Pension Fund.
A number of local and regional authorities – including Suffolk County Council, Havering Borough Council and Hertfordshire County Council – appear in the register by virtue of their pension funds.
See http://www.theecologist.org/trial_investigations/272286/uk_companies_linked_to_devastating_indian_mine.html