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Beyond Burma

Author: editorial, Cavalier Daily [University of Virginia], Published on: 19 October 2001

Following the decision by the University's [University of Virginia's] investment manager to sell off University stock in Unocal, the fight for divestment from Burma has come to a conclusion. But the work does not end here. The Board of Visitors should continue to welcome students' input and investigate ways for the University to make ethical investments in the future...The fact that the University's money managers could acquire and hold onto stock with ties to Burma indicates that human rights and ethical concerns don't have enough of an impact on investment decisions. The Board should commit to finding a feasible way for University investments to be overseen and evaluated on an ethical basis. Until this occurs, there is nothing to prevent a similar situation from arising with other stock in the future. [note: scroll down to the second editorial on the page]

Read the full post here

Related companies: Unocal (part of Chevron)