Undergraduate Council endorses Responsible Ownership Policy

At last night’s Undergraduate Council meeting, undergraduate representatives passed legislation entitled “The Responsible Ownership Policy Endorsement Act.” Put forward by freshman reps  Riya Patel and Giora Ashkenazi, the legislation was co-sponsored by 17 other representatives, including UC Vice-President Sietse Goffard. An excerpt of the legislation reads: 

… Whereas in Argentina, Harvard-owned timber plantations are degrading the Iberá Wetlands ecosystem, expanding into protected wetland areas and surrounding communities, creating public health problems, damaging public roads, ignoring legally required employment practices and endangering thousands of farmers in the region;

 

Whereas residents of the communities affected by Harvard’s plantations in Argentina sent a letter to President Faust on December 5th, 2013 expressing their concern that even after two months, the administration still hasn’t responded to the RI@H Coalition’s report documenting the impacts that Harvard’s companies have in their communities nor to the community’s request to halt the environmental and human rights abuses and comply with legal employment practices, and expressing their desire to work with Harvard to satisfy both party’s needs rather than face intimidation and scare tactics aimed at quieting the protests;

 

Whereas President Faust has so far only responded by proxy and inadequately to this letter from the communities in Argentina;

 

Whereas President Faust has articulated a clear case for responsible investment, yet offers no evidence that Harvard actually engages its investments in this way, and instead the administration has demonstrated a lack of awareness and knowledge about its investments;

 

Be it therefore resolved that the Harvard Undergraduate Council officially endorse RI@H’s efforts to encourage Harvard University and Harvard Management Company’s adoption and application of the proposed policy to guide Harvard’s investment practices by February 12, 2014…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s