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 |
---|---|---|---|
Yuzhno Russkove OAO | Company | Dec 21, 2023 | inactive |
Petrochina Co Ltd Dushanzi Lubricating Oil Factory | Company | Dec 21, 2023 | inactive |
Gas Energy Co | Company | Dec 21, 2023 | inactive |
SINOPEC Jianghan Salt Chemical Hubei Co Ltd | Company | Dec 21, 2023 | inactive |
PetroChina Huabei Oilfield Co | Company | Dec 21, 2023 | inactive |
Jilin Chemical Industrial Co Ltd | Company | Dec 21, 2023 | inactive |
Shanghai Jin Hua Industrial Co Ltd | Company | Dec 21, 2023 | inactive |
China Petroleum Chemical Corp Hubei Yichang Branch | Company | Dec 21, 2023 | inactive |
SINOPEC Xinjiang Oil Products Co | Company | Dec 21, 2023 | inactive |
Ningbo Sinopec Changjiang Fuel 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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