A note from the Socially Responsible Investment Coalition:
Where is Wesleyan’s endowment money invested? At the last report, our endowment was invested in some scary companies, like Raytheon (weapons manufacturers?!?!), coal mining (destroying our beautiful earth?!??!!!), and more.
But at the present, there is no transparency about where our money could be invested. It could be anywhere.
If you want to know where Wesleyan’s money is invested – the first step in moving our endowment toward socially responsible investment – join the Socially Responsible Investment Coalition and sign our petition calling for endowment transparency here in support of the recently passed WSA Resolution on endowment transparency. Make your voice count – let our Board of Trustees know that Wesleyan cares where our money is invested.
As a follow up to an earlier event post, it bears to note that this evening, the WSA voted in the passage of the Endowment Transparency Resolution that was submitted last week by the Socially Responsible Investment Coalition (SRIC). (For anyone keeping scores, it was near unanimous with 3 abstentions.)
Do you know what this even means? Or what’s the SRIC in the first place? Or who’s that hot guy with the bushy bush hair on the left?
Well, neither do we.
But tune in sometime next week (or maybe later, maybe sooner, depending if I can get my class shit done in time) for HISTORY TIME WITH YO MAIN BROSKI, FROSTEDMOOSE, in which we attempt to figure out what this hubbub is all about. If our budget allows, we may even have guest appearances by Bill Nye the Science Guy ’16 and Big Bird P’05 (not to be confused with AJ “Big Bird” Hinds ’12).
As a side note, the WSA should really make their open meetings more Michael Bay. Arya Hat-Guy ’13, though interesting, is no Shia LaBeef.
Color-coordinated Eliana Theodorou ’12 writes in to holla:
First Mass Meeting of the Socially Responsible Investment Coalition
Do you care about where Wesleyan’s money goes? Would you rather see our endowment invested in clean energy than in coal and weapons manufacturers? Would you rather see Wesleyan put its money in local banks who would reinvest in the Middletown community than in big banks? And would you like to do all this while maintaining profitable returns on the endowment so we can all continue to get financial aid?
Then come to the FIRST MASS MEETING OF S.R.I.C., the Socially Responsible Investment Committee. We will be discussing plans for the year, including a campaign for investment transparency, plans to partner with the WSA, and an upcoming conference in New York over fall break to learn more about what other schools are doing! There are lots of ways to get involved this year!
Date: Oct. 6
Time: 4:00 PM – 5:30 PM
Place: University Organizing Center (between Beta and Eclectic)
Knock, knock. Who’s there? Broah. Broah who? Broah K-M ’13, duh!
Do you care about harmful mining practices, inequality in the workplace, climate change, unsustainable agriculture, human rights violations, corporate distortion of democracy, or border militarization? Did you know that Wesleyan invests in corporations that bear responsibility for these problems? As members of the Wesleyan community, we have the power, through existing frameworks
of social activism, to pressure the university to invest in a more socially responsible way.
This Thursday at 7PM, Martin Bourqui of the Responsible Endowments Coalition will speak in PAC 001 about the importance of this work and how to be effective.
There will be a discussion following at 8 pm with the Committee for Investor Responsibility (CIR) and the Socially Responsible Investing Coalition (SRIC) discussing Wesleyan’s investment policies and what actions we can take to make them more responsible. The goal of this discussion will be to allow students to share their opinions on the endowment. You are welcome to just attend the event at 7 pm or 8 pm, or stay for both!
FREE DINNER!!!! (vegan friendly)
Date: April 28
Time: 7:00 PM – 9:00 PM
Place: PAC 001
Rupees: None necessary