Word: sudan
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Dates: during 2000-2009
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...several events in the past year, including Harvard’s selling its shares of PetroChina, Michigan’s termination of its contract with Coca-Cola, and Stanford’s, Yale’s, and Amherst’s divestment from all companies doing business in Sudan, indicate that this debate is anything but a closed case. And divestment remains in the news—Harvard still holds shares in Sinopec, another company with links to the Khartum regime...
Like Summers’ comments about Israel, the basic message about Darfur took advantage of the gravitas of the Harvard name. While the United Nations waffled on what word to apply to the mass murder, displacement, and rape going on in the Sudan, Harvard stated that the genocide in Darfur was something the University took very seriously. And, indeed, one of the most powerful statements Harvard can make is nominating what things we, as a society, should take seriously...
...investment money went to a company that used that money to purchase oil from a Sudanese oil exploration effort, which in turn used that money to finance the militias that slaughter people. It mattered that it was oil; had PetroChina been in the coffee business and sourced coffee from Sudan, Harvard likely would not have divested—there was no straight line from the coffee export industry to the militias. It mattered that firewalls between the various corporate actors were judged incomplete. It mattered that the ultimate activity was immoral. But it did not matter that PetroChina was broadly...
While Harvard continues to hold shares in firms currently operating in Sudan, Yale announced yesterday that it will divest from seven oil companies that it deems partly responsible for funding the Sudanese government.The Yale Corporation, the school’s governing board, reached the decision at a Feb. 11 meeting after an advisory committee of students, faculty, and staff recommended divestment.“The time-honored principles that Yale observes as an ethical institutional investor have guided us to take this strong action,” Yale President Richard C. Levin said in a statement.Yale...
...year in the Senate even busier than his first. He'll be flying all over the country to campaign for congressional Democrats, writing a book detailing his policy views, and taking a two-week trip to Africa that includes stops in Kenya, where some of his relatives live, and Sudan. He's also hoping to push Democrats toward reaching out to religious voters. Obama will give several speeches on the subject, and has been talking to Rick Warren, the evangelical pastor who wrote the best-selling book "The Purpose Driven Life," which Obama just finished reading. Here are more...