Thursday, February 26, 2009

ACTION to support Morally Responsible Investment

Dear friends,

One of the many means of acting for peace and justice supported by Sabeel is the idea of morally responsible investment. We encourage churches and other organizations to invest in peace rather than investing in occupation, human rights violations, and injustice--or the companies who profit off of these things.

In early February, the movement for morally responsible investment won a huge victory. After a long campaign by the Hampshire Students for Justice in Palestine, Hampshire College announced that it was divesting from a mutual fund that included from six corporations supporting Israel's military occupation - including Motorola and Caterpillar.

Now, after attack from Alan Dershowitz and other Zionist activists, Hampshire's administration has announced that it's divestment had nothing to do with the Israeli Occupation but rather with a general socially responsible investment policy AND is considering the possibility of reinvesting in Motorola and Terex Corp. Call on Hampshire College president, Ralph Hexter, to stand with Hampshire College Students for Justice in Palestine by clicking here.

It appears that KLD, the company that is screening these companies, is not looking at their subsidiary companies - which is why Motorola is slipping through the cracks. In 1977, Hampshire College was the first U.S. college to divest from corporations profiting from South African apartheid. Click here to applaud Hampshire College for making history and make sure that they continue to lead the way in campus activism for human rights.

To learn more about morally responsible investment, see Sabeel's call for morally responsible investment and the Global Survey of divestment campaigns posted on the Sabeel homepage.

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