Word: ccsr
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This April, following the recommendation of the ACSR, the CCSR decided to divest from PetroChina, an oil company with ties to the Sudanese government...
...Renaissance literature expert, Reeves might be an improbable figure to lead a broad-based human rights advocacy movement. And in recent months, Reeves has found even more unlikely allies in his quest: the three members of Harvard’s Corporation Committee on Shareholder Responsibility (CCSR...
...April, the CCSR concurred. In a carefully-worded statement, the committee members said that “this particular combination of circumstances…warrants the rare step of divestment...
...CCSR did not weigh in on Harvard’s investments in other companies with ties to Khartoum. The University’s most recent filings with federal regulators indicated that Harvard owned more than $3 million of stock in China Petroleum and Chemical Corp., or “Sinopec,” which is constructing a pipeline connecting oil fields to the coastal town of Port Sudan. The filings also showed that Harvard owned more than $2 million in Tatneft, a Russian company that signed a 2001 deal to explore oil fields in central Sudan...
...CCSR “has already admitted the close nexus between oil revenue and the ongoing Sudanese genocide,” Manav K. Bhatnagar ’06, co-founder of HarvardDivest.com, said last month. “In light of that, it is egregious that they continue to maintain their holdings in foreign oil companies in Sudan...