Companies Profiles for the Warwick Internships Fair 15/1/09

The University careers service recommends that you find out as much about the companies attending the fair today as you can, we feel that this is a very reasonable suggestion. We feel that some of the companies attending today, are unlikely to give a full account of their activities and therefore this leaflet is intended to help you know the facts that the companies attending probably will not include in their recruitment pitch. Although the members of the Weapons out of Warwick campaign have strong opinions about the negative impact of these companies in the world, we acknowledge that not every student agrees with us, we feel that students whatever they’re opinion should be aware of the issues surrounding the arms trade, the environment, corporate ethics and any potential employers who visit our campus.

Rolls Royce

17th Largest Arms Manufacturer in the world[1]. 2nd Largest UK Arms Company. Approximately $14.2 Billion of Military Sales making up 25% of total sales[2]. Rolls Royce is the 2nd Largest Manufacturer of Aerospace Engines powering approximately 25% of the world’s military aircraft and has its equipment installed on over 2,200 warships including all of the UK’s nuclear submarines.

Rolls Royce Produces engines for Military aircraft made by other arms companies such as BAE systems, Boeing and Lockheed Martin, they manufacture the engines for the Eurofighter, Jaguar, Harrier, Tornado, Hawk Jet, Apache and Tiger attack helicopters. Rolls Royce also deals in ship design, electronics for naval forces and submarine equipment. Rolls Royce’s Subsidiary Rolls Royce Raynesway manufacturers parts for nuclear reactors including control rods, valves and other components and its plant at Raynesway has numerous safety concerns about the control and techniques for nuclear waste disposal[3].

Military customers include Israel, Indonesia (Hawk jets sold during the East Timor conflict and allegedly used against civilians in the Aceh province), Turkey, US, UK, Saudi Arabia, Oman, Bahrain, UAE, Brunei, Malaysia, South Korea, Kenya and Zimbabwe. Rolls Royce also sells the jet engines used in the Myanmar national airline which is a nationalised operation which helps finance the Burmese Junta.

Detica

Detica is owned by BAE systems (92% controlling stake. Detica provides consultancy, customized technology, and knowledge management services to government and corporate clients in the defence, homeland security, counterterrorism, intelligence, and Federal markets sectors. BAE believes the UK ‘homeland security and resilience market’ will double to more than £3bn by 2011 and looks to cash in on this[4].

Nestlé

The Warwick Student’s Union supports the Baby Milk Action’s boycott of Nestlé[5]. Nestlé employs approximately 253,000 people in some 511 factories worldwide. Nestlé is the world’s largest food company[6]. With products like Perrier and Nescafé, it is the market leader worldwide in coffee and mineral water[7], the largest manufacturer of pet food, and is fast increasing its share of the ice cream market.

Needless to say, however, this version doesn’t give a very full explanation of the scandals which have plagued the company. The most obvious damage to Nestlé’s reputation has been its unethical marketing of artificial baby milk, particularly in the global south. This started to become a major issue in the 1970s when War on Want published a report called “The Baby Killer”, which was translated into German by the Berne Third World Action Group who were subsequently sued for libel, having named their version “Nestlé Kills Babies”.[8] In 1977 a boycott was launched, which continued until 1984, when Nestlé agreed to abide by the World Health Organization’s International Code of Marketing of Breast-Milk Substitutes. However, the fact did not match up to the promises and the boycott was re-launched in 1988, continuing vigorously today.

There is, of course, much more to Nestlé than the baby milk issue. The company has attracted criticism for its use of genetically modified ingredients, and for its cocoa and coffee-buying policies, including purchasing cocoa from Ivory Coast, which has recently received heavy press coverage due to the existence of child slavery on cocoa plantations. The company has also been implicated in lobbying against vaccination of livestock during the British Foot and Mouth Disease outbreak in 2001. From environmental destruction in Brazil to the intimidation of trade unionists in Colombia, from demanding millions in compensation from hunger-stricken Ethiopia to bolstering its image through proposing donations to breast cancer charities – Nestlé is one of the world’s most campaigned against companies. [9]


Royal Bank of Scotland

The Royal Bank of Scotland (RBS) is a hugely significant private funder of oil and gas extraction and exploration. Between 2001 and 2006, RBS provided over $10 billion in loans to oil and gas projects. The embedded carbon emissions resulting from these projects in 2006 were greater than the carbon emissions for the whole of Scotland. RBS has positioned itself as ‘the oil and gas bank’. With dedicated oil and gas offices, RBS has significant experience and expertise in the sector, and provides crucial services to oil and gas companies. Working as a hands-on partner to the industry, RBS structured the loan agreements and acted as financial adviser on over $30 billion of projects between 2001 and 2006. Other banks describe RBS as the most competitive in the sector, prepared to undercut other banks and offer cheaper loans and finance the projects no other British bank will.

The intimate relationship that RBS has with the fossil fuel industry extends to new areas of expansion. As traditional oil extraction begins to peak, unconventional fossil fuels, such as oil sands and coal bed methane, are becoming a reality. Previously inaccessible, this ‘dirty’ oil requires far more energy to convert into usable forms than traditional crude oil, resulting in much higher carbon emissions. RBS has called the development of oil sands an “energy-financing growth area”, and identified the need for “drilling dollars” for coal bed methane development. [10]

The NUS and Warwick Students Union is committed to putting pressure on RBS due to RBS’s poor environmental record. The NUS National Treasurer has written twice to the RBS Chairman, threatening to stop banning with them and “…seek alternative, more ethical banking options” by their AGM in 2009, should RBS not significantly change this support and conduct a full and published investigation into their entire, embedded carbon footprint.[11]

For more information see weaponsoutofwarwick.wordpress.com

Or the Facebook group Weapons out of Warwick

Please recycle this leaflet


[1] CAAT Publications – Rolls Royce, http://www.caat.org.uk/publications/companies/rolls-royce2003.php , Accessed 7/10/07

[2] Rolls Royce Annual Report 2006, http://www.rolls-royce.com/investors/reports/2006/pdfs/rrar_2006.pdf , accessed 7/10/07

[3] “A basic summary of what we know about Rolls Royce Raynesway (RRR) and Rolls Royce (RR) as a company” handout.

[4] Financial Times 29/7/08

[5] Warwick Students Union Policy 506 “Nestle”

[7] Hoovers Database, Nestle – Company overview www.hoovers.com/co/capsule/5/0,2163,41815,00.html

[9] Corporate Watch, Nestle Overview http://www.corporatewatch.org.uk/?lid=237

[10] People and Planet, “The Oil Bank of Scotland, RBS Campaign Summary” http://peopleandplanet.org/ditchdirtydevelopment/privatefunding

[11] Warwick Students Union Policy 684 “Putting pressure on Natwest/RBS”

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