Word: divested
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Sept. 17, 2002: Sixty-five professors sign a petition calling for the University to divest from Israel. President Summers rejects the petition, saying in a speech that any calls for divestment from Israel are “anti-Semitic in their effect if not in their intent...
...After Archbishop Desmond Tutu calls on Harvard to divest from South Africa, a semester of protest ensues. Activists build shanties in Harvard Yard, and Harvard eventually divests from several other companies with ties to South Africa...
April 4, 2005: After considerable student pressure, Harvard announces it will divest from PetroChina, a firm linked to the genocide in Darfur. In doing so, the Corporation points to Bok’s writings and upholds the precedent of “a strong presumption against [divestment]” unless there are “exceptional circumstances...
...signatory to that petition, I think none of us expected Harvard to divest from companies doing business in Israel. The petition represented the loosest kind of divestment demand: a blanket statement of general responsibility and a request to take a strong but vague moral stance. Historically, Harvard does not meet demands of this sort...
Four years later, the University decided to divest its holdings in PetroChina due to the company’s financial ties to genocide in Darfur. The effect was, even just superficially, quite different—public attention focused on the magnitude and intractability of the problem, and Harvard divested for the fourth time in its history...