Rainforest Action Network (Ran) Campaign

Memo

To:Sandy Weill, CEO of Citigroup

Cc: Citigroup management team

Subject: fallforest Action Network (RAN) Campaign

I would like to discuss study concerns regarding the Rainforest Action Network (RAN) Campaign against Citigroup. As you argon all aw be, RAN started it’s campaign against Citigroup back in 2000. It would reckon that in the last few months the RAN campaign has gained some impetus that requires immediate attention of Citigroup management. Summary analyses of the RAN campaign along with our recommendations are included in this memo.

Overview of RAN campaign issues:
1. RAN focus live up to is Citigroup financial software documentation for extractive projects like mining, logging and oil exploration in exploitation countries and in rain forests and other endangered ecosystems. Their goal is to nail Citigroup from financing these activities.
2. It is necessary to mention that rain forest that lone(prenominal) covered 2 % of earth, yet housed about half of realism plant and animal species. Many drugs and medication exclusively came from rain forest plants. Destruction of rainforest can release carbon dioxide that is the one the largest factor contributing to greenhouse effect.
3. RAN started its campaign in April 13, 2000 with letter to Mr. Weill and labeled 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 focusing to gain the young people support like college and university students.
5. Although Citigroup has assigned 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 put 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, order it on our website: Orderessay



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