“Brown University Investment Committee Recommends Divestment from Coal.” Nation. April 10, 2013. Earlier this week, in another victory for the growing movement pushing colleges and universities to divest from companies profitting from fossil fuels, a Brown University oversight committee voted to recommend that the university divest from the country’s 15 largest coal companies. The divestment campaign began last October, when a student group, called the Brown Divest Coal Campaign, implored the university to stop investing in coal. The committee, ACCRIP (Advisory Committee on Corporate Responsibility in Investment Policies), is charged with ensuring that the university’s investments match the institution’s ethical principles, and it has recommended divestment only three times in its entire history – from companies operating in Darfur during the genocide, from tobacco corporations, and from HEI Hotels. In each case, the board of trustees complied with the committee’s recommendations. Emboldened by the announcement, student activists are now demanding that Brown’s board of trustees divest from fossil-fuel companies at its upcoming meeting in May. Brown’s president has confirmed that divestment will be on the agenda at that meeting.
“Students Rally for Harvard To Divest.” By Indrani G. Das. Harvard Crimson. April 12, 2013. Thursday afternoon students assemble outside Massachusetts Hall to call for Harvard to divest from investments in Fossil Fuels. More than 100 members of the Harvard community rallied outside Massachusetts Hall on Thursday to deliver a petition calling for Harvard to divest from fossil fuels. Divest Harvard, the group that organized the event, has collected over 1,300 signatures from students, faculty, and alumni since the movement began in September. “The goal of today is to show President Faust and the Harvard Corporation that there is strong student support for divestment, and that the administration needs to take that support seriously,” said S. Krishnan Dasaratha ’13, one of the organizers of the event. “We hope that she or a member of the Corporation will accept our signatures and indicate willingness to have a conversation about divestment in good faith.” Since February, Divest Harvard has met with the Corporation Committee on Shareholder Responsibility, a committee consisting of four members of the Harvard Corporation that helps to determine the University’s stance on matters related to social responsibility. The Corporation has previously voted on issues regarding investment, including the decision to divest from tobacco manufacturing companies in 1989, as well as from companies involved in oil production in Sudan in 2005 and 2006. However, the Corporation has maintained that it does not want to use divestment as a political tool.