Carleton students launch major divestment campaign (video, report, articles)

OTTAWA, January 27, 2010 – Carleton students have released a report detailing how the Carleton University Pension fund invests in companies involved in violations of human rights and of international law.


The report was created by Students Against Israeli Apartheid (SAIA – Carleton), who are launching a campaign to end Carleton's unethical investments and adopt a socially responsible investment policy.

BAE Systems, L-3 Communications, Motorola, Northrop Grumman and Tesco supermarkets are the five companies profiled in the report. The report documents how these companies manufacture weapons and weapons components that are used to kill and maim Palestinian civilians, that support the illegal Israeli settlements in the Occupied Palestinian Territories, and that perpetuate Israel’s illegal siege of the Gaza strip.

“Students are appalled to learn that Carleton is affiliated with companies providing support for illegal military occupation” says SAIA - Carleton member Yafa Jarrar. “We thought our University was guided by more than just the balance sheet.”

Carleton Faculty who have heard about SAIA Carleton’s campaign have been shocked to learn their pension fund is tied into such unethical investments.

“I do not want my pension fund profiting from the sale of Hellfire missiles and Apache Helicopters,” say Trevor Purvis, who teaches Law at Carleton. “By investing in the firms, not only does Carleton violate its own ethical principles, but it essentially makes Carleton complicit in breaches of international law and human rights violations.”

LINK TO DIVESTMENT DOCUMENT:


http://carleton.saia.ca/documents/DivestmentCampaign/CarletonUniversityDivestmentReport.pdf

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ARTICLES

Carleton's war portfolio: Students demand divestment from apartheid
By Aidan MacDonald
January 22, 2010
http://www.rabble.ca/news/2010/01/carletons-war-portfolio-students-demand-divestment-apartheid

Looking back at Carleton's divestment from South Africa
By Alroy Fonseca
January 22, 2010
http://www.rabble.ca/news/2010/01/looking-back-carletons-divestment-south-africa