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

    Most Expensive Venture Capital Investments • CoinLaw

    Investments

    Parole d’expert : « Les cats bonds sont un élément clé de diversification »

    Investments

    Le tribunal autorise la convocation d’une assemblée sur le projet de fusion chez Platinum Asia Investments

    Investments

    Why SIP Investments in Mutual Funds Can Be Beneficial

    Investments

    Indian Real Estate Investments Plummet 42% Yearly but Surge 122% Quarterly in Q2 2025, ET RealEstate

    Investments

    Prestige Estates Projects : Prestige Falcon Malls acquiert 49 % de Notting Hill Investments

    Investments
    Leave A Reply Cancel Reply

    Top Picks
    Fintech

    ROCKFI lève 18 M€ et déploie son espace client dédié, FUSACQ Buzz

    Stock Market

    Top ASX Dividend Stocks To Watch In October 2024

    Cryptocurrency

    Could Bitcoin Replace the Dollar and Become the Global Reserve Currency?

    Editors Picks

    Agricultural trade, an early casualty of Trump’s protectionist doctrine

    March 4, 2025

    Staunton Crossing water infrastructure gets $9 million investment

    August 12, 2024

    Dividend, Stock Split Next Week: Muthoot, Sanofi, Huhtamaki Among 5 to Watch – Check Record Date

    April 18, 2025

    Two Guelph women taken for combined $50,000 in cryptocurrency scams

    June 9, 2025
    What's Hot

    EXCLUSIVE: The Global FinTech Awards Judges Day 2024

    August 7, 2024

    Gold rebounds from sub-$2,900 levels amid sustained USD selling, trade war fears

    March 6, 2025

    What falling interest rates will mean for the property market

    February 13, 2025
    Our Picks

    Bitcoin, Ethereum Muted, Dogecoin Rallies As Market Maintains ‘Greed’ Sentiment: Analyst Predicts New Peak For King Crypto As US Elections And Potential Fed Rate Cut Looms – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

    October 18, 2024

    How Utilities Are Managing the Surge in Data Center Demand

    April 11, 2025

    What Is Cryptocurrency? – Forbes Advisor

    December 31, 2000
    Weekly Top

    Cryptocurrency News Live: Bitcoin, Ethereum, Solana, other coins price updates; check trading, m-cap

    July 7, 2025

    Vosges. Que prévoit vraiment le projet industriel à 1,4 milliard d’euros porté par Verso Energy à Chavelot ?

    July 7, 2025

    du hard rock alsacien à croquer par les oreilles

    July 7, 2025
    Editor's Pick

    DL Holdings signe un protocole d’accord avec Asseto Fintech pour explorer la tokenisation d’actifs réels ; l’action grimpe de 11 %

    July 1, 2025

    SEBI extends ban on agri commodity derivatives till March 2026

    March 24, 2025

    Hong Kong unveils regulation to boost use of digital assets

    June 26, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

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