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Latest Announcements
University of California Regents agree to Sudan divestment plan - 3/17/06
The University's governing board approved a plan for Sudan divestment at their March 16th meeting at UCLA. The specifics of the divestment plan can be viewed here. Click here for the University of California's press release, here for the UC Sudan Divestment Taskforce's press release, and here for California Assemblyman Paul Koretz's press release. Front page stories on the decision were written by the San Francisco Chronicle and by the Sacramento Bee.
An LA Times editorial on Sudan divestment written after the UC decision is available here.
University of California Regents will vote on divestment strategy on March 16th at UCLA - 3/12/06
The official university study group charged with development of a Sudan investment strategy will present its recommendations to the Board of Regents at their meeting on March 16th at UCLA's campus. This represents only the third time in UC history that the Regents have voted on divestment.
Up to a thousand students from across the UC system are expected to be present. For details on the vote and associated press conference by the UCSDT, please refer to the following media alert. A profile piece by the Sacramento Bee on the history of the the UC divestment movement leading up to the March 16th vote can be viewed here.
An LA Times op/ed on the issue can be viewed here while a San Diego Union-Tribune op/ed can be viewed here. The San Francisco Chronicle's Editorial Board position on the issue can be viewed here, and the Contra Costa Times Editorial Board's position can be viewed here. The SF Chronicle's preview of the vote can be seen here.
UC Board of Regents delay vote on divestment but agree to definitive plan - 1/19/06
Inadequate research provided by the UC Office of the President precluded a vote on divestment by the Board of Regents at their January meeting. Nevertheless, the Regents did approve a plan
to send letters of concern to the University's fund managers, form a task force (with UCSDT representation) to investigate divestment from direct and indirect holdings in offending companies, and present this plan for divestment to the Regents at their March meeting in Los Angeles.
Importantly, the UC has committed to investigating divestment from both direct and indirect holdings in target companies, a significant step beyond the divestment decisions of Harvard, Stanford, and Dartmouth. Listen to Taskforce Co-Chair Adam Sterling, Congresswoman Linda Sanchez, and student Regent Adam Rosenthal discuss the decision on NPR. Read the Taskforce press release here.
Read the University's press release here. San Francisco Chronicle article here. San Francisco Chronicle Op/Ed columnist Debra Saunder's opinion here.
LA Times article here.
UC Sudan Divestment Taskforce releases document on Options and Resources for Sudan Divestment - 12/24/05
On December 24, the UC Sudan Divestment Taskforce presented Joe Mullinix, UC Senior Vice President of Business and Finance, with an analysis on options and resources for Sudan divestment. Senior Vice President Mullinix has been charged with developing a Sudan divestment strategy to present to the UC Board of Regents at the January 18-19, 2006, meeting in San Diego. While the Taskforce developed this document to give the UC administration the broadest possible set of tools and options for Sudan divestment, the Taskforce hopes that the document will have use for other state and university divestment campaigns. Our report includes an analysis and list of contacts for most of the active Sudan divestment campaigns across the country. The report is available here. UCSDT press release available here.
Taskforce Co-Chair Jason Miller is interviewed by the San Francisco Chronicle on the UC divestment movement - 3/5/06
The interview can be downloaded here. The accompanying article about grassroots activism on Darfur across the country can be viewed here.
Response to criticism on effectiveness of targeted divestment from Sudan - 1/21/06
UCSDT Co-Chairs Jason Miller and Adam Sterling respond to a recent editorial in several UC campus newspapers calling into question the validity of the label "genocide" to describe atrocities in Darfur and the effectiveness of divestment as a tool to affect change. Read the original editorial and Taskforce response here.
Amherst, Yale, and Brown issue important Sudan investment decisions while Harvard may be indirectly contradicting its PetroChina divestment decision - 2/27/06
Amherst's decision can be viewed here and here. View Amherst's list of 19 offending companies here. Yale's decision can be viewed at the following website. Brown's decision can be read in the following news release. Meanwhile, despite Harvard's decision to divest from PetroChina in early 2005, the University has since increased its holdings in another major Chinese oil firm doing business in Sudan (Sinopec). More details in the following Harvard Crimson article and opinion in the following Boston Globe op/ed.
Taskforce releases a report entitled Arguments for the Efficacy of Targeted Divestment from Sudan - 3/15/06
The report was written in response to the most common non-financial criticisms against Sudan divestment.
UCSDT releases a PowerPoint tutorial on what targeted Sudan divestment means and the ease/difficulty of divesting from certain types of investments - 2/27/06
Taskforce releases an updated one-page information sheet on the UC and nationwide divestment campaigns - 2/27/06
UCSDT releases a 6 minute video on the Darfur genocide and UC divestment from Sudan - 12/1/05
Online petition now has over 6,500 UC affiliate signatures - 3/14/06
Read older announcements. . .
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