Breaking – Harvard’s Irresponsible Investment in Argentina

UPDATE (1:15 PM)Bloomberg has covered the release of our report! To read the article, please follow this link.

UPDATE (11:05 AM)Click here to read a press release by the Responsible Investment at Harvard Coalition and the Oakland Institute.

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A report released this morning by the Responsible Investment at Harvard Coalition and the Oakland Institute reveals that two Harvard-owned industrial timber plantations in Corrientes, Argentina are degrading the Iberá Wetlands ecosystem and endangering thousands of farmers in the region.

The report’s findings contradict recent statements by Harvard University President Drew Faust, who wrote of Harvard’s “commitment to sustainable investment” in an October 3rd letter regarding the university’s controversial investment practices.

“When I saw how the plantations have invaded the wetlands, I felt sick to my stomach,” said Sam Wohns, the report’s author and a member of RI@Harvard. “As a Harvard student, I shouldn’t be benefiting from environmental destruction halfway across the world.”

Read the full report here.

A report from the Responsible Investment at Harvard Coalition and the Oakland Institute reveals businesses owned by Harvard are exploiting a community in Argentina.

View a short video about Harvard’s companies in Corrientes.

The Responsible Investment at Harvard Coalition, in conjunction with affected communities, is implementing a coordinated campaign to expose Harvard’s irresponsible practices and to force the university to stop subsidizing its wealth at the expense of poor communities.

We need your help to amplify our voice. First, pledge to support responsible investment at Harvard. Second, please join us Friday, October 18th at 3pm as we march to President Faust’s office in Cambridge, Massachusetts to deliver a letter from community leaders in Corrientes, Argentina. More information here.

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