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Angara River, Baikal Lake, Featured, Selenga River, Yenisey Basin, Yenisey River »

[5 Nov 2017 | Topics: ]

To: Donald Brydon, CBE,
Chairman of the London Stock Exchange Group
cc: CEO, Chief Risk Officer, key management officials.
Re: En+Group IPO
Dear Mr. Brydon:
We recently learned that the En+Group is preparing for IPO at London Stock Exchange. We recognize that, in principle, public listing could help the company to become more transparent and socially responsible. We are writing to raise concerns regarding the En+ Group’s ability to meet standard information disclosure requirements as this is an area this company is failing to strengthen.
We believe that a stock market listing could …

Angara River, Baikal Lake, Featured, Greening Silk Road, Yenisey Basin »

[19 Oct 2017 | Topics: ]

“En+ Group transforms its huge clean energy resources to green metal and supplies it to fast-growing international markets.” Lord Baker. Chairman.
 
To: Donald Brydon, CBE, Chairman of the London Stock Exchange Group
To: Andrew Bailey, Chief Executive, UK Financial Conduct Authority
To: Rt Hon Lord Barker of Battle PC, Chairman of the Board, En+Group

Re: Environmental and Social Risks to be Considered When Listing the En+Group at the LSE
We appeal to You in response to the news that the En+Group Plc. plans to hold an IPO at the London Stock Exchange. We …

Baikal Lake, Featured, Selenga River »

 

Notices on cancellation of bids for feasibility studies and environmental assessments on two Baikal -Selenge basin dams were posted on MINIS Project web-site.  This finally signifies that practically ALL  rightful demands consistently voiced by the RwB have been finally honored:
–Consultations in Russia and Mongolia held at 35 locations and have shown that local people have wide spectrum of grave concerns related to proposed projects;
– Studies for individual dams immediately leading to formation of documents sufficient for investment and construction of dams have been cancelled;
– Short lists of eligible …

Amur Basin, Featured, Greening Silk Road »

[5 Sep 2017 | Topics: ]

 

On August 29, 2017 the  Board of Directors approved Report on “corporate social responcibility” and sustainable development of RusHydro for 2016. RusHydro claims that the Report underwent public hearings, but, likely, similar to the 2015 these were again  public hearings by invitation only and draft Report was not released for comments by the public. Last year our colleagues informed RusHydro that such consultations are inconsistent with best international practice. Meanwhile RusHydro claims that the report was prepared in compliance with GRI standards G4 and accommodates recommendation from stakeholders received …

Baikal Lake, Featured, Greening Silk Road, Selenga River »

The WB Inspection Panel recognized that 2015 Request for Inspection "had placed the MINIS project on a positive trajectory…"

Finally it is all over! The World Bank Inspection Panel after 2,5 years of close supervision decided not to investigate compliant submitted by Mongolian and Russian citizens concerned with intended feasibility study of Shuren Hydropower and the Orkhon Gobi Water Diversion projects in Lake Baikal Basin.
The Panel justifies its soft decision by obvious improvement in MINIS Project consultation mechanisms and promises to reshuffle completely the intended set of studies, committing …