Harvard's Investment in Sudan Part of a Larger Problem

Author: Bryan J. Auchterlonie, MA candidate, Johns Hopkins University School of Advanced International Studies, in Harvard Crimson, Published on: 15 November 2004

Two weeks ago, the Crimson Staff demanded that the Harvard Management Company (HMC) divest its 72,000 shares of Chinese state-owned energy giant PetroChina because of its oil operations in Sudan...But it is...only a first step...Harvard also holds 10,000 ADR shares of Sinopec, a Chinese energy giant whose latest business ventures present a similar problem for human rights and US interests.

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Related companies: PetroChina (part of China National Petroleum Corporation) Sinopec