Stanford Univ. to divest over Sudan

Nov 09, 2005 0 Replies

Stanford University divested its direct investments in ABB Ltd, PetroChina CoLtf, Sinopec and Tafneft charging these companies are linked to human rights abuses in Sudan. "divestment is an act that should be made rarely and carefully" said Stanford President John Hennessy. "In this case, it was clear that the genocide occuring in Darfur wich appears to be at least partly enabled by these four companies is in direct opposition to Stanford University's principles" Calpers is about to do the same. Please, follow thir ethical recommendations !



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