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Indybay Feature
Wed Feb 18 2015 (Updated 02/25/15)
UC Student Association Passes Two Resolutions on Divestment
Resolutions Call on University of California to Invest in Socially Responsible Companies
On February 8, the University of California Student Association, the independent official voice of 240,000 UC students, passed two advisory resolutions: Resolution Calling for the UC Regents to Divest from Corporations Violating Palestinian Human Rights and Resolution Toward Socially Responsible Investment at the University of California by an 9-1 vote, with 5 abstentions.

The resolutions call for the UC to respect and act upon the call of University of California students to divest from investment in corporations that do business with Brazil, Egypt, Indonesia, Israel, Mexico, Russia, Turkey, Sri Lanka and the United States including, but not limited to, Boeing, Caterpillar, Cement Roadstone Holdings, Cemex, General Dynamics, General Electric, Hewlett-Packard, Lockheed Martin, Northrop Grumman, Raytheon, and United Technologies.

The resolutions also call upon the University of California to establish a means of implementing greater student oversight of the UC’s investment policy. They further urge the UC to realign its investments to socially responsible companies, a standard that also includes divestment from companies that practice fossil fuel extraction, and those that perpetuate the Prison Industrial Complex. Similar resolutions have been passed to date by seven of nine UC undergraduate student governments.

Read More | University of California Student Association | See Also: imc_photo.gif Historic march for divestment at UC Davis photo essay
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