Memo to the Obama Administration on the Burma Responsible Investment Reporting Requirements

Authors

Kaitlin Y. Cordes, Columbia Law School, Columbia Center on Sustainable DevelopmentFollow
Lisa E. Sachs, Columbia Law School, Columbia Center on Sustainable InvestmentFollow

Document Type

Memo/Briefing Note

Publication Date

9-2013

Abstract

In September 2013, CCSI sent a memo to President Obama and his Administration in response to the first public reports submitted by U.S. companies in compliance with the Burma Responsible Investment Reporting Requirements. The memo applauded the U.S. Government’s efforts to encourage responsible investment in Burma, noting that robust due diligence is essential to ensuring that international investments contribute to sustainable development. Yet the memo also urged the Obama Administration to take steps to strengthen future reporting. In particular, CCSI urged the Administration to issue clarifying guidance that any U.S. investor submitting a report should (1) provide information on due diligence policies and procedures related to land rights, and (2) provide thorough information in response to each reporting question, regardless of whether its investments are “passive.”

Disciplines

Agriculture Law | Environmental Law | Human Rights Law | International Humanitarian Law | International Law | Land Use Law | Law | Securities Law | Transnational Law

Recommended Citation

Kaitlin Y. Cordes & Lisa E. Sachs, Memo to the Obama Administration on the Burma Responsible Investment Reporting Requirements, (2013).
Available at: https://scholarship.law.columbia.edu/sustainable_investment_staffpubs/49