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