The Committee on Investments and Social Responsibility plans to advise the board of directors to establish a policy of no direct investment in private prison companies and to avoid commingled funds with investments in private prison companies “to the maximum extent possible,” according to a memo published by the committee today.
CISR also concluded that divestment would not be effective in promoting a resolution to the Israeli-Palestinian conflict.
The committee’s memo comes in response to a petition submitted by Eman Abdelfadeel (COL ’17), Sophia Bauerschmidt Sweeney (COL ’17) and Salma Khamis (SFS ’17) to Georgetown in October, which demanded that the university divest from private prison companies and companies that contribute to the “occupation of Palestine.” Read more on The Hoya’s Website