Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Investments»Garber Will Not Review Harvard’s Investments for Ties to Human Rights Violations | News
    Investments

    Garber Will Not Review Harvard’s Investments for Ties to Human Rights Violations | News

    October 29, 20244 Mins Read


    University President Alan M. Garber ’76 said he will not direct the Harvard Management Company to review its investments for ties to human rights violations, rejecting a proposal that a group of pro-Palestine activists presented to administrators during a meeting last month.

    Garber wrote in an Oct. 3 email to members of Harvard Out of Occupied Palestine, an unrecognized coalition of activist groups, that the University “will not use its endowment funds to endorse a contested view on a complex issue that deeply divides our community.”

    During a meeting on Sept. 6 with Garber and Harvard Corporation member Mariano-Florentino Cuéllar ’93, HOOP representatives presented a two-part proposal — a “human rights investment policy statement” and a task force to audit HMC’s investments.

    Garber dismissed HOOP’s proposal in his email response, arguing that the human rights policy statement and task force would effectively require the University to divest from Israel — a suggestion Garber and fellow senior Harvard officials have repeatedly refused to consider.

    “Although it references a broader framework, in practice it does not differ substantially from prior demands: the proposal declares that Israel is engaged in both apartheid and genocide, that its territorial holdings are illegal, and that Harvard Management Company should undertake a process to reduce its investment exposure accordingly,” Garber wrote in his email.

    HOOP blasted Garber’s response in an Instagram post on Monday, writing that “his unwillingness to engage confirms he welcomes profits from any human rights abuses Harvard is complicit in.”

    “Garber’s definition of human rights stops at Palestine,” HOOP wrote.

    In the post, HOOP wrote that “the time to act is now” and announced that details would be released about a “week of action,” echoing an Oct. 7 statement by the Harvard Undergraduate Palestine Solidarity Committee, which wrote that “now is the time to escalate.”

    The September meeting was organized as part of a deal to end HOOP’s 20-day encampment in Harvard Yard last spring. Pro-Palestine activists have repeatedly called on the University to divest from any institutional or financial investments in Israel.

    The group’s suggested human rights investment statement includes a pledge not to invest in companies that “directly facilitate or enable severe violations of human rights, which might include, but are not limited to, acts of apartheid, illegal occupation, and genocide.”

    In particular, HOOP’s proposal encouraged the University to examine its investments in Israel and weapons manufacturers.

    Even as HOOP has repeatedly acknowledged that the University was unlikely to accede to its demand for divestment, the group’s new strategy of including all human rights violations in their divestment demand could put greater public scrutiny on Garber’s response.

    “Garber indicated that he was not opposed to human rights investment principles in general, but rather chose to reject HOOP’s proposals once it became obvious to him that they explicitly include human rights violations in Israel and Palestine,” HOOP wrote in a Monday release.

    A University spokesperson declined to comment for this article, but referred The Crimson to Garber’s email to HOOP.

    In an emailed reply to Garber on Oct. 21, HOOP wrote that they were “disappointed” by Garber’s rejection of the proposals.

    “As long as Harvard remains invested in such violations of human rights, you endorse a deeply political and irresponsible view: that Harvard will continue to make money off of human rights abuses,” HOOP wrote.

    HOOP declined to directly address why the group only chose to release Garber’s email nearly a month later, writing in a statement to The Crimson Monday evening that for the past 25 days, “our eyes have been on the region, just as they have always been.”

    “Amidst Israel’s horrific escalations, we have been considering how to best respond to President Garber’s guarantee that our University will remain complicit in this violence,” they wrote.

    —Staff writer Michelle N. Amponsah can be reached at michelle.amponsah@thecrimson.com. Follow her on Twitter @mnamponsah.

    —Staff writer Cam E. Kettles can be reached at cam.kettles@thecrimson.com. Follow her on X @cam_kettles.

    —Staff writer Joyce E. Kim can be reached at joyce.kim@thecrimson.com. Follow her on X at @joycekim324.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Fidelity Investments® Releases 2025 Retiree Health Care Cost Estimate, a Timely Reminder for All Generations to Begin Planning

    Investments

    Astrea 9 PE-backed bonds offer attractive yields for retail investors

    Investments

    UK property investment falls to lowest levels in two years

    Investments

    How To Get Started In Real Estate Investment: A Step-By-Step Guide

    Investments

    S&P 500 Snaps Six-Day Winning Run as Bonds Climb: Markets Wrap

    Investments

    Grigor Dimitrov to miss US Open with pectoral injury suffered in heartbreaking Wimbledon retirement | Tennis News

    Investments
    Leave A Reply Cancel Reply

    Top Picks
    Precious Metal

    Chinese gold miner scours globe for takeover targets

    Precious Metal

    Peter Schiff frappe à nouveau, dit que Silver a un avantage plus réaliste par rapport au bitcoin

    Stock Market

    Will Advanced AI Step Up Amazon’s Just Walk Out Technology?

    Editors Picks

    Silver Bullet Mines en hausse de 8% grâce à la mise à jour de la mine Super Champ en Arizona -Le 07 mars 2025 à 17:22

    March 7, 2025

    Barbe grise : comment adopter la tendance

    February 27, 2025

    Top 5 High Dividend Yield PSU Stocks That Could Outperform in 2025 – Stock Insights News

    March 13, 2025

    UK property: Prices for new-builds up 40 per cent despite slump – here is why 

    July 21, 2025
    What's Hot

    Xago strengthens global expansion with AUSTRAC registration and new currency integrations

    April 29, 2025

    Morocco moves to digitise its currency | APAnews

    July 11, 2024

    Le bénéfice du Nasdaq augmente au premier trimestre grâce à la forte demande de produits fintech et de solutions

    April 24, 2025
    Our Picks

    Half of crypto ads on Facebook are scams or violate Meta’s policies, consumer regulator alleges | Meta

    August 14, 2024

    Atria Investments Inc Has $1.21 Million Stake in Applied Industrial Technologies, Inc. (NYSE:AIT)

    March 12, 2025

    17 best all-inclusive resorts in the US

    August 9, 2024
    Weekly Top

    Twisted Metal season 2 review: Peacock’s adaptation feels like the games

    July 30, 2025

    JPMorgan customers can soon buy cryptocurrency using credit cards

    July 30, 2025

    Incredible upset as 150-1 pacemaker Qirat wins Sussex Stakes with Field Of Gold only fourth

    July 30, 2025
    Editor's Pick

    Income Tax Bill 2025: Here’s how taxation of agricultural income, farmland has been tweaked

    February 13, 2025

    Peter Dutton’s $30M Property Portfolio & That Timely Share Purchase, Explained

    February 26, 2025

    Kincora Copper va lever 4 millions CA$ via un placement

    July 8, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.