OPEN Letter from People’s AGM Platform, Nigeria to Norwegian Oil Fund

Dear Mr. Tangen,
In January 2012, we and other Nigerian groups, joined by allies from across Africa and around the world, wrote a letter to the chair of the Norwegian Council on Ethics. It welcomed the Council’s plan to investigate oil pollution in the Niger Delta and the impact this may have on the
environment and human health.

We noted that it would be unethical for the Norway Fund to continue ‘profiting’ from its investments in Shell, while Shell is ‘profiting’ from its continuing negligence regarding the environment and people of the Niger Delta. We encouraged the Council on Ethics to recommend
full divestment and exclusion of all holdings of the Norway Government Pension Fund in Royal Dutch Shell, Plc. and its subsidiaries, due to the consistent and severe environmental and social harm caused by Shell’s negligent oil and gas operations in the Niger Delta, Nigeria.

Click to see OPEN Letter to Norwegian Oil Fund