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UVM divest from companies profiting from the occupation of Palestine

UVM divest from companies profiting from the occupation of Palestine

Closed — 30 supporters Verified

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Started by Anonymous 15 years, 4 months ago

The West Bank and Gaza are under Israeli military occupation.

Our University is profiting from that occupation.

Sign the petition for UVM’s divestment from companies that profit from this illegal occupation. This petition is part of an international call for boycott, divestment, and sanctions against Israel as issued by the Palestinian civil society.


Students for Justice in Palestine (Burlington) has identified several companies that UVM invests in that have deep ties to Israel’s occupation of the Palestinian territories and illegal Jewish settlements. As of June 30, 2010, the following companies were among the numerous others in UVM’s investment portfolio that profit from the illegal military occupation:

Lockheed Martin: is the single biggest overseas supplier for the Israeli armaments industry. It has received billions of dollars for supplying arms, including missile systems and fighter planes, to Israel. Size of UVM’s holdings: $79,900

Raytheon: is a major arms contractor to the Israeli military. It supplies Patriot, Sparrow, Sidewinder, Maverick and TOW missiles. The Maverick is a precision, air-to-ground missile that is used against small mobile and hard targets. Size of UVM’s holdings: $394,500

General Electric Corporation: GE supplies the propulsion system for Israel's AH-64 Apache Assault Helicopter, which has been used in Israeli attacks on Palestinian towns and refugee camps. Size of UVM’s holdings: $482,000

SJP-UVM endorses the 2005 Palestinian call for an international Boycott, Divestment and Sanctions campaign (BDS) against Israel.

This is a moral imperative of people of conscience to resist injustice throughout the world.

Advocate justice and peace and sign the petition for UVM’s divestment from these holdings!

Updates

March 27, 2011

The administration remains silent regarding our request for a review of the university investment portfolio. This lack of transparency only reinforces the necessity of our continued pressure on the board.

March 27, 2011

The momentum behind this request for divestment has reached a significant level. It is clear that the community is deeply concerned about the ethical implications of these financial holdings.

3 Comments

S
Sarah Jordan
15 years ago Featured

Glad someone is calling this out. UVM shouldnt be putting money into war machines, period.

M
Mike Garcia
15 years ago Featured

About time we stop funding this stuff. Very proud of the students for pushing back on where our tuition money actually goes.

J
Jason Warner
15 years ago Featured

investing in weapons manufacturers is morally wrong no matter who they are selling to. divest now.

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