A group of asset managers call on companies with links to Myanmar to take action

A group of asset managers call on companies with links to Myanmar to take action
Cloudy sky is seen over Yangon at sun down. Photo: AFP

A group of asset managers are calling on companies with business links to Myanmar to take action against ongoing human rights violations in the country, institutionalassetmanager .

So far, 77 asset managers with a collective USD 4 trillion in assets have signed on to an investor statement which outlines steps for companies with operations linked to Myanmar.

The investor group has published an Investor Statement on Human Rights and Business Activities in Myanmar, which calls for companies across all sectors with links to Myanmar, to immediately map their business activities, relationships, and investments in order to assess any human rights risks in their value chain.