Sunday, January 21, 2007

400,000 Voices for 400,000 Lives Campaign

Since the deadly conflict began in Darfur, nearly four years ago, hundreds of thousands of people have been killed, even more brutalized, and millions displaced and at risk. Although no one can give a clear accounting of the number of deaths, the best estimates are that at least 400,000 people have been killed. However many have died, we are using this number to represent all those killed and all the other victims of the genocide in Darfur.

In memory of these 400,000, and in hopes that the genocide can come to an end, our campaign aims for 400,000 people to complain to Fidelity.

We are asking that people join us by the thousands and tens of thousand, to take an action that is well within their power, to complain to Fidelity about their involvement in Sudan, to tell Fidelity that we don't want them to continue to help fund the genocide in Darfur.

Please join us in taking
action for responsible investment and be one of the "400,000 Voices for 400,000 Lives" for Darfur. Go to FidelityOutofSudan.com, sign the petition, and object to Fidelity investing in companies that help to fund the genocide in Darfur.

Tell us what you think of this campaign to get Fidelity out of Sudan.

Fidelity's investments in Sudan

The government of Sudan continues to pursue genocide in Darfur, frustrating several long years of diplomat efforts to bring peace and protection to civilians there. Sudan's oil revenue is providing arms and funding for the genocide, rather than economic development for the poor people of Sudan.

Despite the atrocities in Darfur, Fidelity, through its mutual funds, not only has been a major investor in two of the largest oil companies operating in Sudan, PetroChina (PTR) and China Petroleum (SNP, aka Sinopec), but it has been significantly increasing its holdings and is the single largest public shareholder in PTR (on the NYSE).


Fidelity has been unresponsive to privately expressed concerns. Its sole response has been a form letter thanking us for our interest, saying that everything they do is legal, and emphasizing that their only concern is their fiduciary responsibility.


Tell us what you think of Fidelity.