Pro-Palestinian activists are celebrating a major victory in Palestinian rights advocacy as San Francisco State University (SFSU) announced their decision to divest from corporate bond positions in companies such as Lockheed Martin, Leonardo, Palantir Technologies, and Caterpillar.
The move comes after months of demonstrations by pro-Palestinian groups urging SFSU to divest from portfolios associated with harm to Palestinians. Noam Perry of the American Friends Service Committee praised the university’s decision, highlighting the transformative process it underwent to adopt a new ethical investment policy.
These companies have been linked to supplying weapons or equipment used in Gaza by the Israeli military, leading to devastating consequences for Palestinian communities. Despite this success, Perry highlighted the need for further efforts at SFSU to align with international human rights standards.
Earlier this year, students at SFSU participated in a nationwide call for universities to divest from corporations complicit in Israel’s actions in Gaza, culminating in a three-week encampment. The Israeli military offensive in Gaza has led to thousands of deaths and injuries, sparking global outrage and calls for accountability.
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