Word: ccsr
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Next Monday, Harvard's Corporation Committee on Shareholder Responsibility (CCSR) will meet with its advisory board--made up of alumni, faculty and students--to discuss the future of University investment policy...
...they will be sure to discuss what has been the major issue in CCSR policy meeting--the debate over whether Harvard should divest of its $163.8 million of stock in companies with holdings in South Africa...
...even as the CCSR--a standing committee of Harvard's seven-member chief governing board--prepares once again to confront the lingering South Africa investment question, many Harvard officials now say that divestment in itself is no longer the main issue...
...other areas, the CCSR considered andabstained from resolutions calling on technologycompanies to explain their space weaponsdevelopment, on companies doing business inNorthern Ireland to explain their policies and onbanks to cut off loans to repressive regimes suchas Chile...
...CCSR supported a resolution calling onCiticorp to reveal the number of women andminorities in upper-level positions. The committeealso called on Abbott Laboratories and R.J.Reynolds-Nabisco to explain their policies onsales of infant formula and cigarettes,respectively, in developing nations. The CCSR alsoasked that research companies produce annualreports on replacements for animal testing