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Rolls-Royce decides to cut Sudan links

June 2007

Rolls Royce has said it will ‘progressively withdraw’ from any contracts it has in Sudan, owing to concerns about the country’s humanitarian crisis.

The British engineering group, which supplies engines to some oil companies operating in Sudan, said it would also ‘not seek new business’ there.

Commercial links with Sudan have become a sensitive human rights issue in the US, where 12 states have passed legislation requiring their investing institutions – principally pension funds – to divest from companies doing business in the African country, whose government the White House has accused of genocide.

Approximately one-quarter of Rolls-Royce’s sales last year were in North America, with a value of at least $3.9billion (£1.95bn), and its investment in the US stands at $1bn.

Last month Ford Motor Company decided to stop exports of Land Rover vehicles to Sudan over concerns about their use by military or paramilitary groups. It said it would no longer supply ‘for any reason’. Kansas and Indiana are the latest states to divest.



Further Information
http://www.sudandivestment.org
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