San Francisco State University Divests from Companies Following Pro-Palestinian Activists' Demonstrations

SOURCE www.nbcnews.com
San Francisco State University has pulled investments from three companies following demonstrations by pro-Palestinian activists. The move was made after students camped out and protested for three weeks, demanding divestment from companies profiting from Israel's occupation of Palestinian land and the war in Gaza.

Key Points

  • Students for Gaza SFSU successfully advocated for divestment from Lockheed Martin, Leonardo, and Palantir Technologies
  • University agreed not to invest in companies facilitating severe violations of international law and human rights
  • SF State Foundation to vote on proposed policy change in December

Pros

  • University responded to student demands for divestment
  • Sets an example for other schools to consider similar actions
  • Strengthens environmental, social, and governance investment strategy

Cons

  • Potential backlash from supporters of the companies being divested from
  • Financial implications of divesting from certain companies