Word: ccsr
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...Monday, the Harvard Corporation Commitee on Shareholder Responsibility (CCSR) announced the University would sell its stake in PetroChina, an off-shoot of the China National Petroleum Corp. (CNPC), which has spent more than $1 billion developing Sudan’s oil resources. According to the CCSR’s statement, “substantial revenue from Sudan’s oil production has gone toward the purchase of weapons.” The Sudanese government has armed the Janjaweed militiamen who have slaughtered tens of thousands of villagers in the western region of Darfur...
Summers said last month that the crisis in Darfur “is in many ways the major moral issue of our moment.” Yet he repeatedly referred questions on divestment to the CCSR...
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...
Summers said that in December, he urged the Corporation Committee on Shareholder Responsibility (CCSR), which rules on ethical issues surrounding endowment holdings, to consider divesting from PetroChina...
...protestors neared Loeb, they were alerted that the Harvard Corporation Committee on Shareholder Responsibility (CCSR) had decided to divest from PetroChina...