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...Harvard Corporation??s earlier decisions to divest from holdings in these two companies earned the University widespread praise as the catalyst for a national movement in which 30 other universities and six states have divested from companies supporting the Sudanese government’s genocidal regime. This movement has generated more leverage over Khartoum than most of the governmental approaches to date. So while the revelations about the scale of Harvard’s indirect investments are deeply troubling, there is still reason to be hopeful that Harvard will take the action necessary to live...
Nearly a year later, the University announced that it would divest its stock in Sinopec, also known as the China Petroleum & Chemical Corp. Harvard said at the time that “the particular combination of circumstances bearing on Sinopec Corporation??s involvement in oil production activities in Sudan warrants the unusual step of divestment...
...University’s link to PetroChina lingers despite the Harvard Corporation??s April 2005 announcement that "the unique pattern of circumstances relating PetroChina to the crisis in Sudan counsels in favor of taking the extraordinary step of divestment...
...March of last year, Harvard extended the scope of its divestiture to Sinopec, whose full name is China Petroleum & Chemical Corp. "The particular combination of circumstances bearing on Sinopec Corporation??s involvement in oil production activities in Sudan warrants the unusual step of divestment," Harvard announced at the time...
Harvard “had access to public information disclosing the companies that make up the fund. This is either an unfortunate lapse in oversight or an abandonment of the Harvard Corporation??s moral stand against the genocide and the military-oil nexus that fuels it,” added Bhatnagar...