lynas & siemens

Confirmation?

http://www.siemens.com/investor/poo...rs_meeting/2016/Gegenantraege_en_20151229.pdf

"Siemens purchases raw materials from production operations with a dubious human rights record

Moreover, Siemens is unwilling to finally live up to its responsibility and show a duty of care throughout the supply chain. For instance, Siemens cannot rule out that its end products contain raw materials whose production involved human rights violations or destruction of the environment (for example, Siemens purchases products from Lynas, the rare earths mining company, whose plant in Malaysia puts
the health of residents at risk, processes tungsten from shady Colombian mines, etc.). Responsibility throughout the supply chain must not be ignored in favor of a false understanding of what the “cost-benefit ratio” is: Human rights are not negotiable "


Although I do not agree with the objection raised as lynas has been audited and conforms to the Together for Sustainability initiative.
But also good to see that shareholders are placing pressure on companies to prove their supply chain is traceable and environmentally friendly.