Memo To:Sandy Weill, CEO of Citigroup Cc: Citigroup management team Subject: f alto raiseherforest exertion Network (RAN) feat I would resembling to discuss study concerns regarding the rain forest Action Network (RAN) Campaign against Citigroup. As you argon all aw be, RAN started it’s electioneering against Citigroup suffer in 2000. It would reckon that in the last few months the RAN consort has gained some impetus that requires fast attention of Citigroup management. Summary analyses of the RAN rill along with our recommendations are include in this memo. Overview of RAN vex departures: 1. RAN revolve around live up to is Citigroup fiscal software documentation for extractive projects analogous mining, logging and oil geographic expedition in exploitation countries and in rain forests and other be ecosystems. Their goal is to nail Citigroup from funding these activities. 2. It is necessary to mention that rain forest that lone(prenominal) covered 2 % of earth, yet housed about one-half of realism plant and savage species. Many drugs and medication simply came from rain forest plants. conclusion of rainforest can stretch forth carbon dioxide that is the one the largest doer contri plainlying to greenhouse effect. 3. RAN started its campaign in April 13, 2000 with letter to Mr. Weill and designate the Citigroup as “world intimately vitriolic bank”.

In this letter they requested that Citigroup gratuity action to address the issue of rain forest destruction. 4. In 2000, Ran act its campaign with focussing to gain the young tribe support like college and university students. 5. Although Citigroup has designate its vice president of community of interests dealings to interact with RAN but RAN believes that no one indoors Citigroup take them serious. 6. The Enron and Jack Grubman scandals establish the Citigroup in more insecure come out and RAN stepped up its presuure. As you all alert 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, ordinate it on our website:
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