Western must adopt STAND's ethical investment policy

Tuesday, April 7th, 2009

To the Editor:
Thanks for your excellent coverage of Queen’s recent divestment. As of four months ago Western still had investments in Schlumberger, a company ranked by a Yale Law School report as the fifth worst corporate offender doing business in Sudan. That means the Sudanese government is funding genocide in part through our investments in Schlumberger!

Last year members of the campus club Students Taking Action Now: Darfur (STAND) presented a petition to the Board of Governors with over 1,000 signatures asking for divestment from these investments. The Board didn’t respond and made the decision not to divest behind closed doors.

It’s hypocritical that Western offers courses on business ethics when the university is acting as an irresponsible, unethical corporate citizen and when the Board of Governors ignores its own stakeholders’ voices. As the genocide in Darfur continues, Western must decide, once again, where it stands. Will the Board listen to students or ignore the voices of those dying in Sudan in favour of profit?

That’s not the kind of university I hope Western strives to be, and it’s not too late to change course. It’s time for Western to divest.
"Jenn Epp
Philosophy PhD III

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