Word: reporter
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Dates: during 1970-1979
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...relied largely on jaw-boning and voluntary programs to encourage energy conservation, and not surprisingly fossil fuel consumption has not decreased. The U.S. economy may not rely as heavily on imported oil as Europe's but it still shudders with every OPEC price increase. The January balance of payments report shows the country $3.1 billion in the red, and foreign oil has a lot to do with that unsettling gap. With the recent decision by OPEC member nations to raise prices 9.5 per cent, exclusive of surcharges by individual nations, the outlook is gloomy...
...ACSR requests, and because the South African government prohibits the release of some of this information, the committee considered a few options for dealing with intransigent companies. The ACSR rejected the option of divestiture of stock in such firms except in extreme cases because, according to the March 1978 report, "Our investigations persuade us that the act of divestiture by Harvard alone is unlikely to result in financial consequences to the divested company of sufficient magnitude to force a change in policy...
...statement of April 27, 1978, based on the ACSR report, the Corporation concluded that divestiture "is only appropriate under extremely limited circumstances" because "it is a relatively ineffective means of pursuing ethical ends." The statement called divestiture a "last resort" to be employed only when a company fails to adhere to reasonable ethical standards, long-term efforts to change company policy have failed, and future efforts seem doomed to failure...
...company refuses to demonstrate within a reasonable period of time its determination to implement the employment practices and policies set forth in the ACSR report...
...attempts to obtain information fail, the ACSR recommended, in its report of January 1979, that the Corporation initiate what it termed "information resolutions," noting that requests for information by universities are especially appropriate because "their primary purposes revolve around education, learning, and the dissemination of knowledge." It distinguished "information" from "action" resolutions, and said the latter should be used even more sparsely...