Yale Investor Responsibility Committee Rejects Student Divestment Proposals
The Yale Advisory Committee on Investor Responsibility has rejected student proposals to divest from military and natural resource companies, including Palantir and BP, citing that the recommendations did not meet the university's stringent ethical investment criteria. The committee's decision, communicated via email, did not provide further details, but Chair Kenneth Gillingham emphasized the high standards for divestment. Students had raised concerns about human rights violations linked to the companies in their proposals submitted in November.
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The Advisory Committee on Investor Responsibility at Yale University rejected student proposals to divest from military and natural resource companies, including Palantir, BP, Ring Energy, and LNG. The committee stated that the proposals did not meet the criteria for divestment.
Students had presented their recommendations in November, highlighting concerns over human rights violations associated with Palantir and other companies. The committee's decision, communicated via email, did not include further explanation. Committee Chair Kenneth Gillingham mentioned that the proposals did not meet the high bar for divestment outlined in Yale's ethical investment guidelines.
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