Cornell University announced on Monday that it would cease investing its endowment holdings in oil companies that do business in Sudan, as a “response to the genocide being committed in Darfur,” according to a news release. In doing so, Cornell took a narrower approach than other American colleges and universities that have halted their Sudanese investments, including most other Ivy League colleges as well as public institutions, most recently the University System of Maryland (The Chronicle, August 11). A number of the other universities have applied their divestment policies to all businesses with ties to the African country, not just oil companies.
August 22, 2006
Cornell U. to Divest in Oil Companies in Sudan
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