Brown University has rejected student protestors' demands that it divest from companies with Israeli military ties, in the first decision of its kind from an Ivy League institution since the Israel-Hamas war began one year ago. Brown on Wednesday announced that it voted against withdrawing investments from 10 companies described in a divestment proposal by the student-led Brown Divest Coalition as 'facilitating the Israeli occupation of Palestinian Territory.
Paxson, wrote that after carefully considering ACURM's findings on a range of issues, 'the Corporation is stating its clear position opposing divestment, and accordingly, the University will not divest.'Not 'responsible for social harm'Brown is not directly invested in any of the companies listed for divestment, and its indirect exposure to them 'is so small that it could not be directly responsible for social harm,' the letter stated.