Widgets Magazine

Student group calls for divestment

In a press release issued today, Students Confronting Apartheid by Israel (SCAI) renewed its call for Stanford “to divest from companies that violate international law and contribute to human rights abuses in Israel and the Occupied Palestinian Territories.”

SCAI alleged that the Board of Trustees is required to sever ties with companies that cause “substantial social harm,” under the University’s Statement on Investment Responsibility Concerning Endowment Securities.

The organization singled out eight companies, claiming that they engaged in such harmful behaviors. These companies are Ahava, Motorola, Caterpillar, Lockheed Martin, Riwal, Roadstone Holdings, Mekorot Water Company and Veolia Transport.

-An Le Nguyen