Rainforest Action Network (Ran) Campaign

Memo To:Sandy Weill, CEO of Citigroup Cc: Citigroup management group Subject: fallforest Action Network (RAN) effort I would akin to discuss study concerns regarding the Rainforest Action Network (RAN) Campaign against Citigroup. As you argon all aw be, RAN started it’s raise up against Citigroup stake in 2000. It would reckon that in the last few months the RAN lam has gained some impetus that requires immediate attention of Citigroup management. Summary analyses of the RAN run along with our recommendations are included in this memo. Overview of RAN campaign come ons: 1. RAN centralise live up to is Citigroup financial software documentation for extractive projects comparable mining, logging and oil exploration in exploitation countries and in rain forests and other endangered ecosystems. Their goal is to nail Citigroup from finance these activities. 2. It is necessary to mention that rain forest that lone(prenominal) covered 2 % o f earth, yet housed about half of realism plant and wight species. Many drugs and medication exclusively came from rain forest plants. goal of rainforest can release carbon dioxide that is the one the largest cistron contri howevering to greenhouse effect. 3. RAN started its campaign in April 13, 2000 with letter to Mr. Weill and tagged the Citigroup as “world most vitriolic bank”.

In this letter they requested that Citigroup bribe action to address the issue of rain forest destruction. 4. In 2000, Ran act its campaign with focalisation to gain the young people support like college and university students. 5. Although Citigroup has designate its vice pr esident of community dealings to interact w! ith RAN but RAN believes that no one inside Citigroup take them serious. 6. The Enron and Jack Grubman scandals endue the Citigroup in more vulnerable come out and RAN stepped up its presuure. As you all aware the group stocks throw 16 % in July 2002 following these scandals. 7. In last few months RAN campaign gained some momentums....If you want to get a total essay, guild it on our website: OrderEssay.net

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