Ethical Performance
inside intelligence for responsible business
 

inbrief

inbrief

January 2004

Dow Chemical will be asked at its annual meeting in May to detail its initiatives to deal with the health, environmental and social concerns of Bhopal survivors. The request is in a shareholder resolution filed by the US-based social investment company Boston Common Asset Management. Union Carbide, the company responsible for the 1984 gas leak disaster, which some pressure groups claim has led to 20,000 deaths, was bought by Dow in 2001. Dow points out Union Carbide paid $470million (£291m) in compensation in 1989 and says it cannot accept responsibility for the disaster. However, it is considering ‘some kind of humanitarian effort’ in Bhopal. (EP4, issue 9).


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