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Targeted Divestment from Sudan
The Sudanese government depends on foreign investment to fund its genocidal campaign in Darfur. Revenue from Sudan’s booming oil industry has been used to purchase or produce the military equipment Sudan uses against its own citizens.
Since 1997, U.S. sanctions have prevented U.S.-owned companies from doing business in Sudan, but many U.S. companies, mutual funds and individuals are invested in foreign companies who operate there. Targeted divestment focuses on the worst offending companies (generally in the oil, energy, mineral extraction or weapons industries) conducting business with Sudan. Click here for a list of companies.
Read more about targeted divestment and AJWS President Ruth Messinger's statement urging the Senate to pass the Sudan Accountability and Divestment Act.
Join the Divestment Movement AJWS resolved to divest its holdings from companies doing business in Sudan and is helping to lead a nationwide campaign to pass targeted divestment legislation at the local and federal levels.
Click on your state to take action! |
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Click here if you live in Alaska or Hawaii.
Urge the federal government to act now! Ask your senators to pass a strong Sudan Accountability and Divestment Act that will protect the right of states to divest from all foreign companies whose business supports the Sudanese government and prohibit federal contracts with these same companies.
Additional Opportunities for Action: The New York City council is considering a resolution that calls for divestment of the city pension holdings. If you live in NYC, let your Council Member know you support this action!
Support the divestment movement:
- Urge your city to pass divestment legislation with this sample petition.
- Urge your company or organization to divest. Download a sample divestment policy.
- Start or join a divestment campaign on your campus.
- Divest your personal investments.
Because China is Sudan’s biggest oil customer, a valued arms supplier and ally on the U.N. Security Council, the divestment campaign is particularly focused on state-owned Chinese oil companies.
- Join the campaign targeting Fidelity, the nation's biggest mutual fund company and one of the largest public investors in Chinese oil companies operating in Sudan.
- Send a letter to Warren Buffett, chairman of Berkshire Hathaway, the largest individual investor in Chinese oil company PetroChina.
Sudan Divestment Resources
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