Stanford divests

Apr 27, 2024 · Stanford said that divestment decisions are made by Stanford's Board of Trustees. Speakers at the protest included leaders from organizations like Students for Justice in Palestine (SJP May 7, 2014 · The fight will go on, said Greaney, who said the central goal remains Stanford's divestment from all fossil fuels. Stanford University graduation chaos Out of Occupied Palestine, the Stanford campaign for divestment, achieved a major victory on February 17, when the Undergraduate Senate of Stanford University passed the divestment resolution it had voted down only one week before. May 8, 2014 · May 8, 2014. By pursuing fossil fuel divestment, Fossil Free Stanford and our fellow campaigns around the world are actively fighting for a better future. UC Davis activists recently passed a bill in student government to boycott and divest from all “corporations Apr 14, 2015 · For the last several months, Stanford has been evaluating a request submitted by Stanford Students for Justice in Palestine that it divest its endowment holdings of certain companies that do The Impact of Impact Investing. 23, 2024, 1:34 a. Nov 4, 2014 · SOOP deliberately misrepresented disputed and even false information as fact. Maintaining the illegal infrastructure of the Israeli occupation, in particular settlements and separation barrier, which includes companies like Veolia Transdev Jun 19, 2005 · June 15, 2005 — Following Harvard’s lead, Stanford University last week became the second major institutional shareholder to divest from oil company PetroChina in protest of the Beijing-based firm’s role in funding the ongoing genocide in the western Sudanese region of Darfur. 7 billion endowment of coal mining companies, becoming the first major university to align itself, at least in part, with a national movement aimed at pressuring endowments and pension funds to rid themselves of all investments in fossil fuels. “I think the goal is to have Stanford divest from Israel. Divests Stocks in 4 Companies That Do Business in Sudan (6/13/2005) Harvard U. We evaluate the quantitative effect of ESG divestitures on the cost of capital of affected firms. McKibben criticized the University’s refusal to divest from fossil fuels: “It is a disgrace that Stanford continues May 7, 2014 · Reflecting students' wishes, the decision by Stanford's trustees to divest from coal-mining companies cites alternate energy sources that emit less greenhouse gases. 7 billion endowment of stock in coal-mining Apr 26, 2023 · CCN. S. Apr 24, 2024 · The event was organized by Stanford Against Apartheid in Palestine, a group that previously staged a 120-day pro-Palestinian tent sit-in on campus that ended in February when university officials Included are statements by the student group Stanford Out of South Africa, their brochure "A Stanford Divestment Primer," letter to trustees from Mario Huerta on divestment, and clippings. The Board of Trustees voted June 7 to divest any directly held shares in the four companies. Apr 29, 2024 · By Katy Zhang. Apr 30, 2024 · Stanford faculty who support the encampment held a rally that evening, calling for divestment and criticizing recent arrests of student protesters at similar encampments across the country. 12, 2015, 9:35 p. N. Most recently, faculty members circulated a letter asking the university to divest from fossil fuel May 7, 2014 · Good News, short and sweet. The University said that coal's status as a major source of carbon pollution persuaded the trustees to remove companies "whose principal business is coal" from their investment portfolio. on the 9th of May, 1977, 294 members of Stanford’s community occupied Old Union to protest our university’s decision to Apr 29, 2024 · Demonstrators are also calling for Stanford to divest in companies including Chevron, HP and Lockheed Martin, that students claim are supporting military efforts against the Palestinian people. Fred Weston Professor of Finance at the UCLA Anderson School of Management. F ollowing a string of divestment movements on campus, the Board of Trustees has updated and clarified its approach to responsibly investing the university’s endowment. At 1 p. In June of 1985, the university created a Commission on Investment Responsibility, comprised of faculty, students, staff, and alumni to review the university’s portfolio and create formal investment policies. Apr 15, 2015 · Ms. Frances C. [STANFORD, CA] — November 3, 2022: Demonstrators organized by the Coalition for a In the spring of 1985, Stanford out of South Africa posted a sign on the door of the president’s office once again demanding divestment. In the spring of 1985, one thousand students, led by BSU-affiliated group Stanford out of South Africa, marched to President Kennedy’s office and posted a sign on the door demanding May 3, 2024 · In the early to mid-2000s, dozens of schools – including Yale University, Harvard University, Stanford University and others – announced they would divest from companies operating in Sudan due May 6, 2014 · SAN FRANCISCO, May 7 (Reuters) - Stanford University said on Tuesday it will no longer use any of its $18. Leland and Jane Stanford founded this university to "promote the public welfare by exercising an influence on behalf of humanity and civilization. 2014: Ebola epidemic Stanford fountains shut Stanford divests coal "Ice Bucket" challenge Probe lands on comet. The board made its decision following input from the Oct 30, 2017 · The symbolic effect of divestment is minimal, and if anything, it should be individuals, not institutions that take on protest of the prison industry. ” July/August 2016. For divestment to be successful, it must actually harm the company from which Stanford divests. Despite the May 8, 2016 · The Board’s decision was in response to a request for divestment made by the student group Fossil Free Stanford (FFS), whose multiyear campaign for fossil fuel divestment included a weeklong sit Stanford wins Rose Bowl Pope Francis elected Nelson Mandela, 1918-2013 Edward Snowden leaks. 4 billion in assets into two cryptocurrency funds operated by Andreessen Horowitz (a16z) and Paradigm. May 8, 2014 · Stanford University's decision to stop direct investments in coal mining companies is encouraging student-led divestment movements at other universities. Im Steve Curwood. THAT the Associated Students of Stanford University calls upon the Stanford University Trustees to divest from companies that violate international humanitarian law by: 1. Learn new skills and explore new and emerging topics. Horwitz said that she responded by explaining that while she was supportive of the process the student senate had used to vote in favor of urging Stanford to divest, she opposed divestment and Feb 10, 2015 · Stanford University’s faculty have a history of engaging in student-led divestment campaigns. "In 2015, the Board declined a proposal to divest of certain companies doing business in Israel," Luisa Rapport, a Nov 15, 2021 · Fossil Free Stanford will continue to organize until Stanford, like so many of its peers have done, puts its money where its mouth is and divests. Just a few weeks after the Stanford demonstration, anti-apartheid leaders from several UM student groups appeared before the Board of Regents for the first time to call for divestment from corporations operating in South Africa. Stanford is a leader in innovation and sustainability. Tonight, the 20,000 students at Stanford will sleep more soundly. In December, the board approved a new ethical investment framework, as well as a statement on investment Jun 12, 2020 · The Board began its review in response to a request from the student group Fossil Free Stanford, which called for Stanford to divest from the top 100 oil and gas companies. Chloe Maxmin of Divest Harvard discusses her hopes following Stanford's announcement. Student groups continued to protest in the following years for Stanford to fully divest. Shiny new clipboards in hand, we petitioned door to door, watching expressions of initial confusion settle one by one into reflections of cautious hope. 14, 2021, 8:42 p. Will Halverson ’25 is an opinions writer at the Mar 26, 2024 · The “Sit-In to Stop Genocide” encampment was erected by students in mid-October, even before Israeli troops had crossed into Gaza, to demand that the university divest from Israel and condemn Jun 16, 2024 · Stanford University closed a year marked by protests Sunday with a commencement ceremony for more than 5,400 graduates, but not without a final demonstration: About 500 students walked out in May 7, 2014 · Michael Peñuelas is a junior at Stanford and an organizer with the Fossil Free Stanford. Intergovernmental Panel on Climate Change regarding the role of fossil fuels in contributing to changes in the global climate system. Feb 8, 2024 · Stanford’s commitment to supporting the free expression of views on White Plaza remains firmly in place, subject to the enforcement of these viewpoint-neutral time, place, and manner rules. Jan. I agree with them: there is a strong possibility the endowment will divest from its fossil fuel holdings by the end of the year, and for the sake of the endowment’s Stanford Student Mahina Kaomea also spent her Friday among the tarps and tents pitched in the center of campus. In November 2012, Fossil Free Stanford was born. SOOP contends that 70% of Palestinians killed during this summer’s Operation Protective Edge were civilians. ” In its review, the APIRL acknowledged the findings of the U. [4] Feb 4, 2016 · Stanford Review. Jun 5, 2024 · The protesters — who call themselves an autonomous group of students unaffiliated with any official student group — called on Stanford to add the divestment bill submitted by Stanford Against Jun 12, 2016 · Stanford Students, Alumni Withhold Donations Until University Divests From Fossil Fuels - Menlo Park-Atherton, CA - The annual senior gift announcement was made Friday. Will Halverson is a member of FFS. For the past 94 days, the Sit-In to Stop Genocide has occupied the center of White Plaza. Feb 11, 2015 · The Stanford University student senate defeated an Israel divestment resolution Tuesday night. The Associated Students of Stanford University (ASSU) Elections Commission announced that the “Statement on Divestment” was passed by the student body Feb 18, 2015 · The Undergraduate Senate of Stanford University passed an Israel divestment bill Tuesday that had been defeated last week. April 29, 2024, 1:06 a. 2015: Isis incursions "Yes means yes" Meyer demolished U. com previously reported that Yale University, which controls the second-largest university endowment next to Harvard, had allocated a portion of its $29. Stanford University has announced that it will divest its $18. . Hundreds of pro-Palestine students reestablished a sit-in, an encampment of tents on White Plaza, Thursday afternoon following a march amid Admit May 6, 2014 · While we celebrate Stanford’s decision to divest, we recognize that the battle to protect our climate is far from over. May 14, 2014 · The significance of the decision is that Stanford now becomes by far the largest and wealthiest college or university to heed the call of the new divestment movement. ” Feb 27, 2018 · Fossil Free Stanford (FFS) has initiated a petition for an ASSU amendment demanding that Stanford divest from fossil fuels. Jun 19, 2005 · By DANIEL J. Student protesters pledge to occupy the main administration building until Stanford divests not Apr 25, 2024 · Pro-Palestinian demonstrators pitch tents at Stanford University’s White Plaza during a protest urging the university to divest from Israel and demanding a permanent cease-fire in the war in Jun 5, 2024 · More than a dozen pro-Palestinian protesters were arrested Wednesday at Stanford University, the school said, after they broke into and occupied the office of the president demanding divestment Jan 19, 2015 · Monday afternoon, Stanford students and community members shut down the San Mateo-Hayward bridge in support of the Ferguson Action national demands, which include the demilitarization of local law The New Rules on Investment. " In its review, the APIRL acknowledged the findings of the U. 7 billion endowment to invest in coal mining companies, a move aimed at combating climate change that could influence college administrations elsewhere. Save. Last year, the group met with the university’s Advisory Panel on Investment Responsibility and Licensing to request divestment from the top 200 fossil fuel Apr 27, 2024 · Stanford Student Mahina Kaomea also spent her Friday among the tarps and tents pitched in the center of campus. m. - A protest is in full swing at Stanford University, calling for the school to divest from Israel, according to a coalition supporting the liberation of Palestine. Feb 17, 2015 · Last night, about thirty-five students crammed into Nitery to witness the ASSU Senate’s second vote on Stanford Out of Occupied Palestine’s (SOOP) divestment resolution. Stanford to Purge $18 Billion Endowment of Coal Stock Stanford University announced Tuesday that it would divest its $18. April 25, 2024, 11:08 p. Stanford updates its guidelines. Banners are displayed by the tents pitched at Stanford University’s White Plaza during a protest urging the university to divest from Israel and demanding a permanent May 9, 2014 · CURWOOD: From the Jennifer and Ted Stanley Studios in Boston and PRI, this is Living on Earth. We derive a simple expression for the change in the cost of capital as a function of three inputs: (1) the fraction of socially conscious capital, (2) the fraction of targeted firms in the economy and (3) the Not until June 14, 1985, did Stanford University create formal investment policies that explicitly set out guidelines for investing in South Africa-related companies. Our free online courses provide you with an affordable and flexible way to learn new skills and study new and emerging topics. Stanford’s coal divestment alone will not be enough turn the tide on climate change. The Associated Students of Stanford University had nine votes for the measure and five against, with Feb 28, 2022 · Now, with this complaint filed, FFS is hopeful that Stanford will finally accede to student and faculty pressure and divest. Willful Divestment from Israel is one of the demands echoed by student demonstrators nationwide. campuses moving to sell off its investments in fossil fuel companies because of concerns about climate change. The decision by trustees to get rid of stock in coal-mining companies was a victory for a rapidly growing student-led divestment movement. The university's board of trustees agreed with recommendations from a panel of students Nov 8, 2023 · The speakers made frequent reference to Stanford’s role in climate change. Earlier this week, a group called “ Fossil Free Stanford ” persuaded the university’s endowment to divest its stock Nov 18, 2015 · The Fossil Free Divestment movement at Stanford has gained traction in national media this week. Arrillaga Alumni Center 326 Galvez Street Stanford, CA 94305-6105 Map Sep 10, 2021 · Stanford University moved in 2014 to divest from coal companies. Ben Elberger, ’06, said students were May 6, 2014 · "Stanford's commitment to coal divestment is a major victory for the climate movement and for our generation. If Stanford Divests, Thank $30 Oil, Not Fossil Free Stanford Alumni Association. After the arrests at Stanford, divestment protests soon appeared at colleges and universities across the country. A senator who had previously voted against the measure supported a motion to reconsider the bill after making what she referred to as “the wrong choice”, and the chair Mar 13, 2024 · Students demanded that Stanford divest from Hewlett-Packard, Lockheed Martin and Chevron. ARI SHAPIRO, HOST: The pro-Palestinian May 6, 2014 · “Stanford’s commitment to coal divestment is a major victory for the climate movement and for our generation. Reading time 5 min. "We are planning to stay here to insist that the university discloses and divests Oct 16, 2017 · “STANFORD: DIVEST FROM 4-PROFIT PRISONS”: Those were the words painted on a banner dropped by a group of students at the Stanford Stadium during Saturday’s homecoming football game. May 7, 2014 · Earlier this year, the student body passed a resolution sponsored by Fossil Free Stanford supporting divestment from fossil fuels, with the measure garnering 78 percent of votes in favor. Ivo Welch is the J. StanfordReviewStaff. Follow. The Board had Jun 5, 2024 · Sarah Lebaron, a Stanford physics student, said she didn’t think Wednesday’s demonstration and graffiti were an effective way to protest the war in Gaza or question university endowments. May 15, 2014 · May 15, 2014. Harvard University has the largest university endowment in the U. This op-ed appeared May 9 in The New York Times. Apr 26, 2024 · STANFORD, Calif. Stanford Management Company, which administers the endowment, will send letters to its investment managers recommending divestment of any shares held indirectly through, for example, mutual funds or indexes. That movement, launched in the fall of 2012, aims to persuade college boards of trustees across the country to prune their institutional portfolios of investments in fossil fuel Jan 23, 2024 · Jan. to Divest Stock in Company Tied to Sudanese Government (4/6/2005) We welcome your thoughts and questions Divestment at Stanford University On May 6 2014, Stanford University announced that it would divest its endowment of stock in coal-mining companies. This is a malicious anti-intellectual tactic not befitting a Stanford University student group. The resolution calls for Stanford University trustees to divest from Apr 25, 2016 · The Board of Trustees has issued a statement marking Stanford's progress in combating global climate change and announcing a new campus task force on the subject while declining to divest from the Feb 4, 2016 · Last week, the Stanford Daily reported that FFS is predicting the Stanford Board of Trustees will vote to divest from oil and natural gas by the end of the academic year. Fossil Free Stanford, along with over 400 student campaigns across the country, maintains the goal of divesting from all fossil fuels. Oct. Again, the university has just decided to purge $18 billion—$18. The Board of Trustees announced in April that the university’s endowment will not divest from the fossil fuel industry—a decision prompted by divestment demands from the Fossil Free Stanford organization, which includes students, faculty and alumni. May 7, 2014 · Stanford University announced Tuesday that it would join the growing cadre of U. Feb 4, 2016 · 6 min read. The University of California declared in 2020 that its investment portfolios are “fossil free. That movement, launched in the fall of 2012, aims to persuade college boards of trustees across the country to prune their institutional portfolios of investments in fossil fuel Feb 6, 2007 · Stanford U. The Associated Students of Stanford University Undergraduate Senate rejected Feb 29, 2024 · At UC Davis and Stanford, student-led struggles have made historic achievements. That is their stated goal. The coalition The Stanford Undergraduate Senate and Stanford Graduate Student Council also both passed resolutions calling for full fossil fuel divestment in 2014. "The entire fossil fuel industry is predicated on a business model that is incompatible with the climate and we will continue to ask that our administrators don't fund an industry that pollutes our world," Greaney said. USACBI extends its warmest congratulations to the Stanford students, faculty and staff for their work for justice Jun 12, 2020 · Board of Trustees commits to accelerating - Stanford News The significance of the decision is that Stanford now becomes by far the largest and wealthiest college or university to heed the call of the new divestment movement. 3 Apr 25, 2024 · By Dilan Gohill. But the economics are clear: divestment has no impact on either a company’s stock price or Jan 12, 2015 · Opinion by From the Community. Stanford University will divest its $18 billion endowment of holdings in coal companies – a major victory for the rapidly growing fossil fuel divestment movement. Amid a wave of pro-Palestine protests and students arrested by police across college campuses nationwide, Stanford reiterated its protest policies in a Wednesday email Oct 14, 2021 · By Sathvik Nori. Sep 19, 2014 · Amy Tomasso, a Stanford urban studies major from Farmington, Conn. 7 billion endowment from coal stocks in response to a student led movement – Fossil Free Stanford. 8, 2023, 5:28 a. HEMEL, The Harvard Crimson June 15, 2005 — Following Harvard’s lead, Stanford University last week became the second major institutional shareholder to divest from oil company Stanford Divest!' Some in the stands cheered the students as they left the event, while other students remained seated. , was drawn to Fossil Free Stanford’s focus on student activism and the momentum that divestment was gaining on campus. Jan 12, 2023 · The new committee will not review divestment but aims to evaluate fossil fuel funding across the University. 7 billion, will now become the largest in a growing group of funds to partially divest from fossil fuels. While this letter is mostly about antisemitism at Stanford, my heart breaks for students like Abdulwahab Omira, who was targeted in a heinous hit and run attack on Nov. This is part of a larger movement among Jul 12, 2020 · While Fossil Free Stanford has provided a detailed response to the Board’s decision, we want to briefly highlight the flaws in the recent divestment process and outline a path forward. Apr 25, 2024 · April 25, 2024, 1:14 a. At several colleges, students have erected tents on campus grounds as they rally for their cause, calling Apr 26, 2024 · At the heart of the student protests overtaking college campuses are demands that their universities divest from companies that do business with Israel. "We are planning to stay here to insist that the university discloses and divests May 7, 2014 · The campus of Stanford University in Palo Alto, Calif. Other items include a letter from Rosamond Bacon pertaining to the sorority-fraternity situation and a press release on new alumni members to the Board of Jun 12, 2015 · To avoid even the appearance of a conflict, Weinstein resigned from the Hillel at Stanford board in January 2015, as soon she learned Hillel might be involved in activities related to divestment. Even with these investments, the six universities that are now said to have invested Take courses from Stanford faculty and industry experts at no cost to you,. It has officially broken the record for the longest sit-in in University history Apr 30, 2024 · Here’s what that means. Read more. 7 billion of its endowment of coal stock. -Cuba détente Jon Stewart sign-off The Stanford endowment, valued at $18. Dec 8, 2023 · Dec. [74] [75] In 2016, the student body Presidents and Vice Presidents from both the 2016–2017 school year and the 2015–2016 school year published a letter calling for the university's leadership Stanford University has decided to divest its $18. Pressure is ramping up on Stanford to divest from fossil fuels after Harvard and Dartmouth recently announced their decisions to divest. Will Halverson ’25 is an opinions The Faculty Senate heard presentations on fossil fuel divestment from several speakers: Anthony Duarte, undergraduate senator; Paul Brest, professor emeritus of law; Gene Sykes, chair of the Students continued their efforts to combat racism on a global scale by advocating for Stanford’s economic divestment from South Africa’s Apartheid regime. Dec 8, 2023 · Over winter break, the sit-in is slated to become the longest sit-in in Stanford history, beating a 53-day-long sit-in calling on the University to divest from apartheid South Africa in 1985. Jun 12, 2020 · The Board of Trustees has decided not to divest from publicly-traded oil and natural gas companies, despite calls to do so from students, some faculty members and the group Fossil Free Stanford Mar 7, 2013 · SAN FRANCISCO — Stanford University’s student senate rejected a bill calling for selective divestment from Israel. ew gc og pb ns ox ft tt lm ov