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Group Pushes for Socially Conscious Investment

Date: 11/17/2008 05:28 pm

 

Pomona College’s Sustainable Endowment Coalition (SEC) is urging the Associated Students of Pomona College (ASPC) Senate to invest its $400,000 surplus with a socially responsible investment firm. The SEC spent a year researching socially responsible investment strategies before taking this campaign public; 20 campus groups have signed on to their resolution so far. The SEC grew out of the campus’s Ad-Hoc Committee for Social Responsibility, which in turn grew out of student pressure in the 1980s to divest from companies supporting South Africa’s apartheid regime.

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