{"id":42659,"date":"2025-01-31T18:16:45","date_gmt":"2025-01-31T23:16:45","guid":{"rendered":"https:\/\/test.greenmoney.com\/2025\/?p=42659"},"modified":"2025-02-10T22:24:38","modified_gmt":"2025-02-11T03:24:38","slug":"indigenous-peoples-and-engagement-timeline-for-sustainable-and-responsible-investing-2016-to-2024","status":"publish","type":"post","link":"https:\/\/test.greenmoney.com\/2025\/indigenous-peoples-and-engagement-timeline-for-sustainable-and-responsible-investing-2016-to-2024\/","title":{"rendered":"Indigenous Peoples and Engagement Timeline for Sustainable and Responsible Investing\u20132016 to 2024"},"content":{"rendered":"
> Back to February 2025 Issue<\/a><\/div>\n
Above: In 2006, Investors came alongside Native advocates to change the Washington DC NFL team\u2019s racist name and logo; in 2020 the team retired the name. This and more investor and shareholder engagements with Indigenous Peoples are highlighted in the latest update to the Indigenous Peoples and Engagement Timeline for Sustainable and Responsible. Image: protest of Washington NFL team in Minneapolis in 2014; photo by Fibonacci Blue.<\/span><\/h5>\n

\"StevenThis article supplements timelines encompassing <\/span><\/i>1971 \u2013 2005<\/span><\/i><\/a> and <\/span><\/i>2006 \u2013 2015<\/span><\/i><\/a>. Originally published by <\/span><\/i>GreenMoney Journal <\/span>in 2015, these timelines were coordinated and compiled by Reed Montague of Calvert Investments, with contributions by Steven Heim of Boston Common Asset Management, and based on an earlier timeline created by First Peoples Worldwide.\u00a0<\/span><\/i><\/p>\n

June 2015 <\/b>\u2013<\/span> Truth and Reconciliation Commission (TRC) in Canada <\/span>releases<\/span><\/a> 94 Calls to Action to redress the legacy and enduring harm of Canada\u2019s residential school system. Call to Action 92 specifically defines the corporate sector\u2019s role in reconciliation, urging businesses to adopt the UN Declaration on the Rights of Indigenous Peoples (UNDRIP) as a framework for corporate policy and operational activities that involve Indigenous Peoples and their lands and resources. In addition to ensuring equitable access to jobs, training, education, and long-term sustainability benefits for Indigenous Peoples, Call to Action 92 asks businesses to commit to respectful relationships, provide meaningful consultation, and obtain Indigenous Peoples\u2019 FPIC in economic development projects.<\/span><\/p>\n

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July 2016 <\/b>\u2013<\/span> Investors & Indigenous Peoples Working Group (IIPWG) <\/span>becomes<\/span><\/a> independent group led by Susan White of the Oneida Trust and others, open to all. US SIF spun IIPWG off after providing institutional support since 2007. IIPWG also adopts Native name Yethiya wihe\u2019 that means \u201cWe all give to them\/We all invest in them\u201d in the Oneida language. Boston Common Asset Management serves as informal secretariat for IIPWG from 2016 \u2013 2019 until First Peoples Worldwide at CU Boulder (now Tallgrass Institute) becomes secretariat in 2020.<\/span><\/p>\n

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2016\u20132017 <\/b>\u2013<\/span> Upon request of Standing Rock Sioux Tribe (SRST), through First Peoples Worldwide, IIPWG <\/span>organizes<\/span><\/a> investor and bank meetings with SRST to educate them on their opposition to routing of Dakota Access Pipeline (DAPL) through their traditional territories, threatening their water supply. In fall 2016, Boston Common Asset Management recruits lead investors for shareholder proposals for three of the four oil companies in DAPL consortium: Marathon Petroleum, Phillips 66, Enbridge. In coordination with First Peoples Worldwide and consultation with SRST, IIPWG engaged banks, Wall Street analysts, DAPL JV partners (Marathon, Phillips, Enbridge), and later the U.S. Securities & Exchange Commission via letters, investor statements, meetings, shareholder proposals, and public statements.\u00a0<\/span><\/p>\n

February 2017\u2013April 2017 <\/b>\u2013<\/span> Over 160 investors, including CalPERS, the NY City and the NY State comptrollers, with $1.7 trillion in AUM, <\/span>call on<\/span><\/a> the 17 banks financing DAPL to support the Standing Rock Sioux Tribe\u2019s request to reroute the pipeline.\u00a0<\/span><\/p>\n

2017 <\/b>\u2013<\/span> Over 38% vote in favor of DAPL shareholder proposal to Marathon Petroleum, filed by New York State Comptroller\u2019s Office, for the New York State Common Retirement Fund. 31% voted in favor of shareholder proposal to Enbridge re DAPL. Leads: SHARE, Sisters of Charity of Halifax.<\/span><\/p>\n

2017 <\/b>\u2013<\/span> Standing Rock Sioux Tribe meets with banks financing DAPL. Six banks divest their loans in the DAPL consortium: ABN Amro, ING, BayernLB, Nordea, DNB, and BNP Paribas<\/span><\/p>\n

June 2017 <\/b>\u2013<\/span> First oil flows through Dakota Access Pipeline.<\/span><\/p>\n

October 2017 <\/b>\u2013<\/span> Over 90 investors with $2.67 trillion in AUM <\/span>call on<\/span><\/a> Equator Principles Association to revise Equator Principles to include Indigenous Peoples\u2019 FPIC and cover countries such as the United States. Equator Principles Association launches revision of the Equator Principles, \u201cEP4\u201d.<\/span><\/p>\n

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