Word: petrochina
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Dates: during 2000-2009
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Hemel pointed to an article exposing Harvard’s investment in PetroChina, a company with ties to the Sudanese government, as the “high point” of his Crimson career...
...should go without saying that withdrawing investments from companies which provide money to fund a government’s campaign of mass extermination is an anemic response to genocide, even more so if it’s the only response. The moment Harvard divested from PetroChina and Sinopec was the campaign’s apotheosis, but it really should have been only the beginning...
While Harvard has divested from Petrochina and Sinopec—two Chinese companies that do business in Sudan—it has thus far resisted calls to divest from Tatneft...
During the course of the successful divestment campaigns for PetroChina and Sinopec, however, Harvard officials made numerous comments on individual holdings that were not included in SEC filings...
Former University President Lawrence H. Summers said in March 2005 that Harvard’s stake in PetroChina had included holdings on Chinese stock markets that were not reported...