SHAREHOLDER PROPOSAL FOR ROYAL DUTCH PETROLEUM

by Boycott Shell Campaign
Washington, DC, United States
Undated, apparently early 1987
2 pages
Type: Resolution
Coverage in Africa: South Africa
Coverage outside Africa: United States
Language: English
Shareholder proposal for the shareholder meeting of Royal Dutch Petroleum, the parent company of Shell Oil, on May 15, 1987. The resolution says by July 1986 50 US corporations had already left South Africa and scores of foreign banks had stopped lending to the South African government and the private sector. The resolution says Bishop Desmond Tutu has called for the withdrawal of foreign investments and the Rev. Leon Sullivan has stated that if apartheid is not ended by May 31, 1987, all US companies should leave the country; the South African Council of Churches, whose offices were raided several times in June and July 1986, has asserted that disinvestment and similar economic pressures are now called for to bring about change. The resolution says over 2 7 000 people had been killed as of July 1986 when the South African government declared a state of emergency, with extreme press censorship and martial law, resulting in arrests of thousands. The resolution says Royal Dutch Petroleum is the object of an international consumer boycott and divestment campaign by the United Mineworkers and other unions, the Free South Africa Movement and European and American churches and stands to lose sales and suffer in its public image unless it withdraws from South Africa. The resolution asks "the corporation should take immediate steps to terminate all operations in South Africa and announce publicly to the South African government that it plans to leave as soon as possible." The resolution discusses the African National Congress (ANC), the United Democratic Front (UDF), the Sullivan Principles, apartheid, Rev. Leon Sullivan, massacres at Sharpeville and Uitenhage, the South African Council of Churches (SACC), the white minority government, sales to the police and military, and importing oil. [Note: For more information see Boycott Shell Bulletin, No. 6, Undated, late April or early May 1987, by the Boycott Shell Campaign, available on this website.]
Used by permission of the United Mine Workers of America.
Collection: Kathleen M. Devine papers