Yale Divests from Sudan

In yet another victory for student activists, Yale announced today that it has decided to divest from 7 oil companies active in Sudan.

according to the press release,

Yale's decision to divest from these oil companies, which are actively conducting operations in Sudan, is based on the finding that more than half of the Sudanese government's revenue is derived from oil. As the source of such revenue, the companies are presumed to be committing "grave social injury" by providing substantial assistance to the perpetrators of genocide. Yale has attempted to engage in dialogue with the companies regarding their business activities in Sudan and has asked whether any actions on their part have advanced efforts to end the genocide in Darfur or aid the victims. The Yale Corporation took its divestment action after those attempts generated inadequate responses from the companies.

More information on this decision and the research that informed it is available here.