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Monday, November 26, 2012

McGill Tar Sands (and Plan Nord) Divestment Campaign

On November 1, the SSMU Council adopted a motion regarding ethical investments at McGill, passed in the Fall SSMU GA as a consultative body. Decorporatize McGill is a student initiative aiming at pressuring McGill to divest from companies and financial institutions that are directly or indirectly involved in Tar Sands exploitation and the Plan Nord.This is done, of course, not only for the sake of divesting, but within a vision of ethical investments at McGill.

The process for divestment at McGill requires a petition of at least 300 signatures from members of the McGill community to be sent to the Committee to Advise on Matters of Social Responsibility, an ad hoc committee that meets rarely regarding matters of "social injury" in the university's activities. It advises the Board of Governors when social injuries occur and suggests which actions should be taken, including divestment of holdings. 

Campus Crops encourages everyone to read the related documentations and sign the petitions. You can also read this article about Decorporatize McGill appearing the McGill Daily.

 




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