How does this divestment campaign fit into a broader socially responsible investment policy at Carleton University?
Currently, Carleton’s Pension Fund does not have a Socially or Ethically Responsible Investment policy in place, and has no mandate except increasing income. The fund’s portfolio includes many weapons manufacturers, oil and gas companies and casinos, which exploit Palestinian workers, brutally enforce the military occupation of Palestinian land, and are suspects in the commission of possible war crimes in Gaza. This leaves the university open to public censure for colluding in ethical and human rights violations. To adopt an SRI policy would put Carleton and its employees on the moral high ground, making it attractive to investors, students, and faculty. Other universities and educational pension funds have adopted SRI policies, including Yale, Queens, McGill, UBC, and Hampshire College. Where is the campaign now and what can we expect to see next from SAIA-Carleton? SAIA-Carleton is working on making the research document public. We are conducting educational workshops and presentatio