Iran Final Divestment List by the North Carolina Department of State Treasurer
The Iran Final Divestment List, published by the North Carolina Department of State Treasurer, identifies companies and entities that are involved with Iran's energy sector and pose risks to state investments. This list is essential for ensuring adherence to state divestment laws. By reviewing this list, organizations can make informed decisions to avoid financial ties with these entities and uphold ethical investment practices.
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612 Entities in Iran Final Divestment List by the North Carolina Department of State Treasurer
Entity Name | Entity Type | Effective Date | Status |
---|---|---|---|
Sinopec Luoyang Guangzhou Engineering Co Ltd | Company | Dec 21, 2023 | inactive |
Sinopec Chemical Commercial Holding Co Ltd | Company | Dec 21, 2023 | inactive |
ONGC Self Contributory Post Retirement Death In Service Sup | Company | Dec 21, 2023 | inactive |
Sinopec Anqing Refinery Co Ltd | Company | Dec 21, 2023 | inactive |
Luoyang RD Center of Technology Sinopec Engineering Group | Company | Dec 21, 2023 | inactive |
China Petroleum Chemical Co Ltd Tahe Branch | Company | Dec 21, 2023 | inactive |
Beltransgaz OAO | Company | Dec 21, 2023 | inactive |
Carrizo Oil Gas Inc Eagle Ford Shale Assets | Company | Aug 31, 2022 | inactive |
China Petroleum Chemical Corp Hebei Branch | Company | Dec 21, 2023 | inactive |
Hindustan Petroleum Corp Ltd | Company | Dec 21, 2023 | inactive |
FAQs
Why is compliance with the Iran Final Divestment List by the North Carolina Department of State Treasurer necessary?
Compliance with the Iran Final Divestment List issued by the North Carolina Department of State Treasurer is crucial to uphold state laws and promote ethical investment practices. This list aims to prevent financial support to entities engaged in activities that threaten national security or contribute to human rights violations in Iran. By adhering to these guidelines, businesses not only minimize legal risks but also align their investment strategies with responsible governance, ensuring a commitment to compliance and ethical stewardship.
Which companies should comply with Iran Final Divestment List by the North Carolina Department of State Treasurer?
The Iran Final Divestment List by the North Carolina Department of State Treasurer affects companies that engage with the energy sector, financial services, and defense. These industries must comply to avoid financial repercussions and uphold state investment policies. Compliance is crucial as it mitigates risks associated with economic sanctions and supports ethical investment practices, aligning with state laws and regulations.
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