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CUSA to consider Israeli boycott

Motion would call on Carleton to develop ‘Socially Responsible Investment’ policy


 

Carleton University Students’ Association will be voting on a motion this week to call on the university to adopt a “Socially Responsible Investment” policy to be applied to the institution’s pension fund. The motion is intended to endorse the Students’ Against Israeli Apartheid (SAIA) Divestment Campaign. Full motion is posted below.

Motion to encourage Socially Responsible Investment (SRI) of the Carleton University Pension Fund

Whereas Carleton University, through its pension fund, invests a total of $2,426,757.12 in BAE Systems, Motorola, Northrop-Grumman, and Tesco Supermarkets, equivalent to 0.35% of the total value of the pension fund;

Whereas each of these companies is potentially involved in significant violations of international humanitarian law, including grave breaches of the Fourth Geneva Convention amounting to war crimes by contributing extensively to some or all of these violations by:

• Manufacturing weapons and weapons components that are used to kill and maim
Palestinian civilians;
• Materially supporting and economically developing the illegal Israeli settlements
in the occupied West Bank, thereby entrenching the occupation of Palestinian
land; and by
• Perpetuating Israel’s illegal siege of Gaza and its discriminatory practices and
policies against Palestinians, both in the Occupied Palestinian Territories (OPT),
and within Israel;

Whereas Carleton University currently has no binding socially responsible investment policy, thus allowing it to invest in and profit from corporations engaging in unethical behaviour;

Be it resolved that CUSA endorse the following three campaign recommendations put forward by the Students’ Against Israeli Apartheid (SAIA) Divestment Campaign, intended to encourage socially responsible investment of the Carleton University Pension Fund:

• That the Carleton University Board of Governors, via the Pension Fund Committee, immediately divest of the Pension Fund’s stock in BAE Systems, Motorola, Northrop Grumman, and Tesco;
• That Carleton University refrain from investing in other companies involved in violations of international law;
• That Carleton University work with the entire university community to develop, adopt, and implement a broader policy of Socially Responsible Investment (SRI) for its Pension Fund and other investments, through a transparent and effective process.

Moved: Reem Buhaisi

Seconded: Alex Hunsberger


 

CUSA to consider Israeli boycott

  1. *sigh*.

    yet another misguided student political movement…

  2. I don’t think this is misguided. Pension funds are big investors – maybe with some socially responsible investing, we can make a bit of a change in the world. And honestly, after seeing the misery of daily life in the occupied territories firsthand, I would say that this is a good place to start.

  3. Many people thought the students movement was “misguided” when it put its force behind divesting from South Africa back in the 80’s. History has shown otherwise.

  4. But Matt, how can we dare criticize “The only democracy in Africa”?

    After all, Nelson Mandela is a terrorist. Just ask Rob Anders.

    But seriously, lets just get a perspective from an expert on apartheid. And who better expert than one of the primary architechts: “Israel, like South Africa, is an apartheid state” – Hendrik Verwoerd

  5. The good news is that this will give students more reason to ditch CFS.

  6. Wow sloppy me. This story is about CUSA not CFS.

  7. Definitely misguided movement, nothing wrong with being responsible with our investments but c’mon people use your brain.

    do you really think Israel drops bombs for fun? They do it to protect their country (which the saiaa seems to often forget to mention) for example, yes it was terrible and inexcusable what happened to civilians in gaza but those were targeted attacks and don’t forget that it was in response to thousands of unaimed missiles intentionally being shot at civilian settlements. If you think they’re going to say “well the companies that usually provide us with our bombs went bankrupt, guess we’ll just have to give up on protecting this land”, well think about it a little m

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