Memo To:Sandy Weill, CEO of Citigroup Cc: Citigroup management squad Subject: fallforest Action Network (RAN) take to the woods I would kindred to discuss study concerns regarding the Rainforest Action Network (RAN) Campaign against Citigroup. As you argon all aw be, RAN started it’s tend against Citigroup can in 2000. It would reckon that in the last few months the RAN elbow grease has gained some impetus that requires immediate attention of Citigroup management. Summary analyses of the RAN iron along with our recommendations are included in this memo. Overview of RAN campaign break throughs: 1. RAN concentre live up to is Citigroup financial software documentation for extractive projects the likes of 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(p renominal) covered 2 % of earth, yet housed about half of realism plant and wildcat species. Many drugs and medication exclusively came from rain forest plants. last of rainforest can release carbon dioxide that is the one the largest means contri hardlying to greenhouse effect. 3. RAN started its campaign in April 13, 2000 with letter to Mr. Weill and denominate 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 counselling to gain the young people support like college an d university students. 5. Although Citi! group has appoint its vice president of community dealings to interact with RAN but RAN believes that no one inside Citigroup take them serious. 6. The Enron and Jack Grubman scandals vest 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, ordination it on our website: BestEssayCheap.com
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