Word: investers
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...developers. The agreement is a victory for environmentalists who have long argued for a review system for unprotected Government forests. Administration officials and allies, chief among them Idaho's Republican Senator James McClure, have been opposed to this, arguing that developers need "certitude" if they are going to invest in land development. Says Max Peterson, head of the U.S. Forest Service and the chief broker of the agreement: "Senator McClure originally thought that since the wilderness designation was permanent, then the nonwilderness should...
...Harvard does not invest in companies that conduct a majority of their business in South Africa...
...Harvard does not invest in debt securities of any bank that makes loans to the government of South Africa...
...will, as a general guideline, recommend divestment of a company that has failed to show, within a year after intensive dialogue is initiated, reasonable signs of progress in demonstrating compliance with Harvard policies. The CCSR has not accepted the ACSR's 1983 recommendation that Harvard not in the future invest in any company that is not a Sullivan signatory in good standing...
...editorial claims that Bok has made sure that Harvard doesn't invest in companies which don't sign the Sullivan principles." This is incorrect I refer Mr. Howe and the reader to an article in the Crimson dated March 23, "Harvard Tied to Nine Firms Ignoring Sullivan Principles." Harvard owns "more that $140 million in companies operating in South Africa that have not signed or have refused to comply with the Sullivan Principles." This represents more than 25% of Harvard's portfolio Further, the Sullivan Principles, denounced by Black South African leaders as purely cosmetic and a tool...