Investor Pressure Moves Toyota Affiliate to Divest from Joint Venture with Burmese Regime
Trillium Asset Management, along with Domini Social Investments and the Interfaith Center on Corporate Responsibility, issued a press release today commending Toyota Motors for influencing their affiliate Toyota Tsusho (TTC) on the divestment of their ownership stake in Myanmar Suzuki Motor. The vehicle assembly plant was jointly controlled by the Burmese military regime. Trillium has been in dialogue with Toyota since 2007 on this issue.
Click here to read the press release.
Click here to read a news article from Reuters.