Finance: Burma Campaign publishes 'dirty investment' list

A service revealing which companies invest in Burma has been launched for charities and investment funds.

The Burma Campaign's 'dirty list' of firms that trade with the Asian dictatorship includes brands such as Siemens, Rolls Royce, Daewoo and Total Oil.

The list is intended to help charities vet companies that are potential corporate partners, donors or investees.

Mark Farmaner, campaigns officer at the Burma Campaign, said: "Charities face severe reputational risk by becoming involved with a company operating in Burma. The last thing a charity needs is to be linked with human rights abuses in Burma."

The list was initially created as a campaigning tool, but has now been relaunched as a subscription service, providing more detailed information.

"We were getting dozens of requests from charities and funds each month, but as a small organisation we were struggling to meet the demand," said Farmaner. "The extra resources from the subscription service will mean that we can provide a better service." The service costs up to £500 a year, with discounts for charities.

The list features 101 companies the campaign says "are directly or indirectly helping to finance Burma's brutal military dictatorship". Thirty-seven are in the tourism sector and 23 in oil and gas.

The campaign says the UK is the world's second-largest investor in Burma because it allows foreign companies to use the British Virgin Islands to channel investment into the country.

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