PRECEDENT
Recognizing our complicity in Israel's military occupation of Palestine, our campaign asks Stanford to adhere to its own principles in our Stanford Code of Conduct:
Recognizing our complicity in Israel's military occupation of Palestine, our campaign asks Stanford to adhere to its own principles in our Stanford Code of Conduct:
"to ensure we fulfill our legal and ethical obligations... to persons outside Stanford"
Stanford has an established history of ethical divestment as an effective and non-violent strategy for social change.
(A) South Africa (1986)
In February 1986, the Board of Trustees approved divestment of all $5 million of its shares in Motorola.
In September 1986, the Trustees voted not to purchase any new shares in Schlumberger or USX, formerly US Steel.
In October 1986, the Board voted to divest 30,600 shares, totaling $362,000, from Diamond Shamrock .
Op-ed on links between divestment decisions.
(B) Darfur (2005)
In May 2005, Stanford University Board of Trustees voted unanimously to divest from 4 petroleum companies: PetroChina, Tatneft, Sinopec, and ABB.
(C) Conflict Minerals in the DRC (2010)
Responding to a student-led initiative, Stanford became the world’s first University and the first major institutional shareholder to adjust its investment policy to help prevent the funding of the ongoing mass atrocities in the Democratic Republic of the Congo.
(D) Coal Mining Companies (2014)
On May 6, 2014, the Board of Trustees voted to not make direct investments of endowment funds in coal-mining companies.