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Another member of the Petrodar partnership is the Malaysian oil firm Petronas. Harvard indirectly owns an estimated $400,000 stake in Petronas via another arrangement with Barclays, the MSCI Malaysia Index Fund...
Harvard’s indirect investment in a fourth firm that aids the Sudanese energy industry, the Indian state-owned conglomerate Bharat, is estimated at about $320,000. That stake is held through two India-specific funds administered by Morgan Stanley and the Blackstone Group...
...fifth Sudan-linked company, Tatneft, earlier this year. Divestment activists have accused the Russian-run Tatneft of aiding the Sudanese government. Tatneft moved this summer to shift its stock to a London exchange—which means that Harvard is no longer required to disclose its holdings in the firm...
...just one beneficiary of a growing environmental subindustry known as "carbon offsetting." Typically, one of this new breed of companies first calculates the amount of greenhouse gases an individual or business generates by flying, driving or heating and lighting a home or office. Customers then voluntarily pay that firm to invest in projects that will cut carbon emissions by an equal amount. (Energy-hungry Americans generate about 20 tons of CO2 per capita per year; Britons, about half that). So for anything between $4 and $40 to offset the equivalent of one ton of CO2, a consumer in, say, Germany...
...security guards, however, have been without a union since 2004, when Harvard finalized the outsourcing of their jobs to AlliedBarton, a contractor of security services. AlliedBarton had previously prohibited its Harvard employees from unionizing, but in the face of protests and pressure from workers and labor advocates, the firm reversed its stance in November, granting the guards permission to join the Service Employees International Union (SEIU). The deal was cemented last month when a majority of the guards voted in favor of unionization. We applaud this turn of events and believe unionization will provide Harvard’s security guards...