Word: sinopec
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Though the University’s stake in Sinopec is just a fraction of the estimated $4.4 million in PetroChina stock that Harvard held prior to Monday’s divestment decision, Bhatnagar said “this has never been about the amount of money...
Bhatnagar said he and fellow petition organizer Benjamin B. Collins ’06 specifically mentioned Sinopec as a target for divestment in a February meeting with the Advisory Committee on Shareholder Responsibility (ACSR), the 12-member panel of students, faculty, and alumni that advises the Corporation on ethical issues surrounding Harvard’s stock holdings...
University President Lawrence H. Summers said last night that the ACSR and the CCSR will consider divestment from Sinopec and other companies that do business with Sudan “in light of the criteria established in the CCSR’s statement...
According to SEC filings, Harvard purchased 10,000 shares of Sinopec Beijing Yanhua Petrochemical Company, or “Yanhua,” in the second quarter...
...majority stake in Yanhua is still owned by the state-controlled Sinopec Corp., but 30 percent of Yanhua’s shares are traded publicly on the New York and Hong Kong exchanges...