The American company, Dow Chemicals, should not be sponsoring the Olympics, said the Union Minister for Environment and Forests, Ms Jayanthi Natarajan. Speaking to a group of media persons on the sidelines of Business Ethics Conference — Beacon 2012, organised by Loyola Institute of Business Administration here on Friday, she said a company that harmed the environment should not be allowed, at any cost, to sponsor the Olympics. “I find it ridiculous. Dow Chemicals has absolutely no moral standing,” she said. Unfazed by the strong protest by Indian Olympic Association (IOA), the International Olympic Committee recently made it clear that Dow Chemicals will remain a sponsor of the London Olympics, insisting that the company had no role in the 1984 Bhopal Gas Tragedy. IOA has repeatedly expressed its opposition to Dow Chemicals as one of the sponsors for the London Olympic Games, because of its ownership of the infamous Union Carbide which was responsible for the disaster. Dow Chemicals took over Union Carbide in 1999, but issues and heartburn over compensations to Bhopal victims are still lingering. Asked if this was the Indian Government's view, she said, “I am not the spokesperson for the Union Cabinet. But, as a concerned citizen, I strongly feel that it is not acceptable.”