Word: ccsr
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...annual report, the Corporation Committee on Shareholder Responsibility (CCSR) reports that Harvard's holdings in South Africa-related companies decreased from $244.9 million in 64 companies in 1987 to $230.9 million in 50 companies as of August...
...Corporation Committee on Shareholder Responsibility (CCSR), which formulates Harvard's investment policies, sent letters last July to the two major American tobacco companies, RJR-Nabisco and Philip Morris, asking them to explain why they do not voluntarily follow the same marketing practices in other countries as they are legally required to do in America. Harvard has yet to receive a response...
...absence of any sense of responsibility in the tobacco companies prompted the Advisory Committee on Shareholder Responsibility (ACSR), a panel of faculty, students and administrators which advises the Corporation on ethical investing, to recommend to the CCSR that Harvard divest from these companies. Ironically, the ACSR also once recommended that Harvard divest from its holdings in South African-related companies. This was advice which the University, which retains about $200 million in such stock, has largely disregarded-much to its discredit...
...Corporation Committee on Shareholder Responsibility (CCSR), which formulates Harvard's investment policy, sent the letters after the issue was raised by an advisory panel last spring. So far, the committee has received no response from the two multinational corporations...
...ACSR has challenged that account. Inits report to the CCSR, it cited World HealthOrganization statistics that attribute 2.5 milliondeaths each year worldwide to tobacco...