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 |
---|---|---|---|
PT COSL INDO | Company | Dec 21, 2023 | inactive |
Science Technology Development Co Ltd Catalysts Business | Company | Dec 21, 2023 | inactive |
West Pacific Petrochemical Co Ltd | Company | Dec 21, 2023 | inactive |
Gazenergoset OJSC | Company | Dec 21, 2023 | inactive |
Sinopec Research Institute of Petroleum Processing | Company | Dec 21, 2023 | inactive |
Sinopec North China EP Co | Company | Dec 21, 2023 | inactive |
COSL Drilling Saudi Ltd | Company | Dec 21, 2023 | inactive |
Sinopec Yangzi Petrochemical Co Ltd | Company | Dec 21, 2023 | inactive |
NIIgazeconomika OOO | Company | Dec 21, 2023 | inactive |
Sinopec Fourth Construction Co 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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