Friday, May 11, 2007

Divestment from Sudan

The Unitarian Universalist Assocation and the Unitarian Universalist Service Committee have been witnessing and advocating against the genocide in Darfur since it began. Along with many other organizations we have begun pursuing a divestment strategy to hold companies accountable that have major investments in Sudan, propping up a murderous regime. The following article from Joan Vennochi in the Boston Globe speaks to the tensions between making money and making justice in the world.
Fidelity Investments is staring down an advertising campaign that urges its money managers to "stop investing in companies that fund genocide in Darfur." Major media outlets are also on the spot.

The mutual funds giant said it recently convinced CNN and Newsweek to change their minds about running ads sponsored by The Save Darfur Coalition. The group endorses divestment from certain foreign companies doing business in Sudan, to push the Sudanese government into ending the brutal conflict and humanitarian
crisis in Darfur... MORE