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Greenpeace vs. Herakles Capital

Case overview

Date filed 11 March 2014
Current status Rejected
Issue Disclosure violations by Herakles operating in Cameroon
Summary of the case In March 2014 the US NCP received a request for review from the NGO Greenpeace alleging that Herakles Farms and Herakles Capital (Herakles), the former of which is a New York-based entity, had breached the disclosure provisions of the Guidelines in Cameroon. Specifically it was alleged that Herakles neglected to provide public documentation of its financial and operating results, financial contributions to All for Africa, and major share ownership and voting rights.
Developments/Outcome The NCP conducted an initial assessment of the specific instance and determined that the issues raised did not merit further examination. The NCP based its decision on the fact that the public documentation that Herakles provides on its website in large measure duplicates the relevant information that shareholders would expect from the annual report of a multinational corporation. The NCP therfore declined to offer its good offices for mediation and issued a statement detailing its decision and concluding the specific instance.
Relevant OECD Guidelines
Case keywords Disclosure of information

NCP Information

NCP name National Contact Point United States of America
NCP address 2201 C St. NW 20520 Washington, DC, United States
NCP website
Other NCPs involved



Company Information

Company responsible Herakles Capital
Company address
Company website
Company in violation Herakles Capital
Country of operations Cameroon
Other companies involved

Timeline of developments

Date Actor Action Description Document
19 May 2014 National Contact Point United States of America reject US NCP rejects complaint download pdf (383Kb)  
11 March 2014 Greenpeace International file Complaint filed with US NCP  

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