Word: divestments
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...deadly civil war in southern Sudan languished out of the limelight for more than two decades. But Harvard’s move to divest from PetroChina grabbed headlines both locally and in far-flung papers—from Singapore’s Straits Times to the Paris-based International Herald Tribune...
However, despite the controversial efforts of groups like SGP, the overwhelming majority of student activists agreed on one thing: Harvard should divest from PetroChina. And, setting aside their differences to join the United Front for Divestment, their ultimate goal finally came to fruition on April 4, when the Corporate Committee on Shareholder Responsibility (CSSR), a subcommittee of the Harvard Corporation, announced its plans to divest its more than $4 million holdings in the company. This illustrated what cooperative, organized student efforts can achieve...
...Such students wanted the University to give full disclosure of its overseas investments so that students and Faculty could scrutinize Harvard’s holdings and perhaps pinpoint other companies from whom the University should divest. We disagreed with their demands, as we believe that the Corporation’s decision to divest should give us some faith in their “new spirit of scrutiny” and that we should trust them to “police themselves...
Demands that the University divest from Sinopec—another Chinese company with ties to Sudan—as well as the formation of Burma Action Movement (BAM), which called for divestment from Unocal, seemed to lack necessary research. The ultimate goal of the groups was clearly a righteous one, but instead of properly investigating the true ties between the respective companies and the oppressive regimes, they seemed to latch onto the success of the divestment campaign. Students should not be overly hasty in their calls for divestment; simply because it was appropriate in the case of PetroChina does...
Even after Harvard’s pledge to divest, student groups have continued to work diligently toward ending the genocide in Sudan. One notable effort, the “Swipe for Darfur” campaign, was instituted at the close of the semester, allowing students to donate their Crimson Cash to support peacekeepers in Sudan with a “swipe” of their ID card. These measures prove that campus activism is still alive and students can make a difference, as long as they are not too hasty to protest...