Supporters of the campaign against problem investment companies investing in Sudan
- Forty-six Massachusetts legislators - Co-signed letter asking Fidelity to divest to divest, Press Release
"As
we move toward divestment on Beacon Hill, we request that you also make
strides to divest your funds from the most egregious companies who are
serving as a lifeline for genocide. Companies must not be able to
generate profit from unspeakable acts in Darfur...Through their pension
funds, Americans own nearly fifty percent of corporate America, so it's
not surprising that investment now goes hand-in-hand with social
responsibility. Fidelity surely risks damaging its respected brand as a
"trusted advisor" by failing to show corporate responsibility in such a
clear and egregious case. We urge you to join us in divesting from
Sudan."
- Jonah Burke - founder, The Darfur Foundation, www.DarfurFoundation.org, DarfurWall.org
"Fidelity claims it has a responsibility to 'provide the highest possible returns
to our customers.' That is true, but the human price of supporting the Sudanese
government outweighs any possible financial return. We demand that Fidelity
divest itself from PetroChina and Sinopec and stop perpetuating genocide."
- Michael Capuano - US Congressman, 8th District, Massachusetts (Full endorsement letter here)
"Thank
you for your efforts in urging Fidelity Investments to divest from
PetroChina and Sinopec. ... Please add my name to your 400,000 Voices
for 400,000 Lives Campaign. Because of your divestment campaign, I am
currently reviewing my retirement fund investments. If I find that any
of those funds are invested with PetroChina or Sinopec, I will direct
that they be moved to a different retirement plan as soon as allowable.
I believe that your efforts will prompt many Americans to do the same."
- Charlie Clements -
President, Unitarian Universalist Service Committee, Drumbeat for Darfur campaign
"Since our
founding in the late 1930s to help rescue victims of the Holocaust, we
have been fighting for social justice and human rights around the world. What
cause could be more important today than aiding the current victims of genocide,
the people of Darfur? Targeted divestment from Sudan is not only the right thing to do, but also is
a powerful action we can take as individuals, congregations, and larger institutions
to help bring an end to this crisis. UUSC strongly supports the efforts of
Fidelity Out of Sudan to promote divestment from the companies that are abetting the regime responsible for the
genocide." - Eric Cohen - chair, FidelityOutOfSudan Campaign; co-chair, Massachusetts Coalition to Save Darfur
"Berkshire
Hathaway and Fidelity, by virtue of their very large
holdings in PetroChina, are especially well positioned to play an
important role in helping to end the
genocide. They can either strenuously and publicly engage PetroChina to
effect a change in the
behavior of the government of Sudan or divest. However, instead of
taking decisive
action, they both have advanced weak rationalizations in an attempt to
justify their investments. They miss the central moral factor
that is evident and has been voiced by thousands -- Americans do not
want their savings invested
in companies that are helping to fund the genocide in Darfur." - Bob Edgar - General Secretary, National Council of Churches USA
"I, along with millions of Americans of faith, will not be silent on
the issue of Darfur. I believe that Fidelity, Berkshire Hathaway, and other
institutional investors must divest from PetroChina and similar companies
funding the genocide. This act of principle will make the world finally focus
on the genocide in Darfur. Other international investors will follow behind
their moral leadership and call on all governments to stop the genocide NOW.
If the commandment to "love our neighbors as ourselves" means anything, it means
we should try every means available to stop those neighbors from being killed.
Standing up for the people of Darfur through personal divestment is one way we
can all follow this central teaching.
- Mia Farrow - actress; UNICEF Goodwill Ambassador, MiaFarrow.org
"The
people of Darfur and eastern Chad are never out of my thoughts. Four
years of failed diplomacy have made it clear that we must each assume
responsibility to act where we can to help Darfur. Each of us can send
a clear message to Fidelity that we don't want our money used to
slaughter innocent people, that financial profit from Sudan comes at
the cost of human lives. As many as a half a million people have died
since 2003 with the remaining 6 million civilians at risk. As members
of the human family we have a shared responsibility; when one member is
suffering, we all suffer. And, when we turn away, we are without
question, diminished in the most significant ways. Together we must
stand against this genocide, and every genocide with every resource at
our disposal." - Joe Madison - talk show host; President of The Sudan Campaign, www.SudanCampaign.com
"This is the first genocide of the 21st
century. None of us can simply be a witness to genocide or simply declare our opposition. Genocide is a responsibility
word. There is a moral and ethical obligation to end the act of genocide. Ending
genocide in Darfur in not an act of charity
, it is act of justice. The question that Fidelity and their investors must
answer is, 'What side of history will they be on?"
- Ruth Messinger - President, American Jewish World Service, AJWS announcement, AJWS website
"Murder and devastation continue daily in Darfur, and our money absolutely
cannot be used to support this genocide. Targeted divestment is an effective
strategy for citizens to express their outrage and put economic pressure on
the government of Sudan to change its ruthless behavior."
- Samantha Power - author, "A Problem from Hell": America and the Age of Genocide, Pulitzer Prize 2003; professor at Harvard University
"There is no question that genocide is underway in Darfur. It has all
the ingredients – mass murder, rape, and systematic ethnic cleansing as a
way of destroying non-Arab groups. Fidelity says they are about making
money, a basic business premise. But there are some times when circumstances
are so exceptionally grave that underlying premises have to give way. This is
a case where the US State Department, for the first time in history,
has issued a genocide finding. There are lots of close calls in
balancing interests and values, but this isn't one of them. The Chinese
government and Chinese business people will think twice about their
uncritical engagement with Khartoum if divestment action in the US begins
affecting Chinese companies."
- John Prendergast - former Director for African Affairs at the National Security Council, Clinton administration
"Citizen action is once again at the forefront of organizing and pressing for a
bolder U.S. response to the crisis in Darfur. American citizens have already led
the way in this urgent cause with rallies, letters to elected officials and
donations for humanitarian relief. Now there is a new and powerful action being
advocated by concerned citizens. It involves money. I believe that for this
reason it has real potential to effect a policy change by the genocidal regime
in Khartoum."
"I urge all Americans to evaluate their personal savings
investments -- including their 401Ks and their pension accounts -- to ensure
that they are not being invested in any companies, such as PetroChina or
Sinopec, that provide revenues to the Sudanese regime. Likewise, Fidelity and
other investment institutions should evaluate their investment portfolios and
divest completely from these companies. There are many other financially-sound
investment alternatives that do not lead to the death of hundreds of thousands
of innocent men, women and children. In the face of these atrocities, we must
use every resource at our disposal to intervene."
- Eric Reeves - Sudan analyst; professor at
Smith College, www.SudanReeves.org
"Fidelity stands as the terrible emblem of a refusal to consider
the consequences of investing in companies complicit in the Darfur
genocide. With its ghastly premiere role in such investments, Fidelity
warrants very particular attention by those determined to end US capital
market participation that works to support the genocidal Khartoum regime." - Gloria White-Hammond - chairperson, Million Voices for Darfur Campaign; co-pastor, Bethel
African Methodist Episcopal Church in Boston; co-founder, My Sister's Keeper
"For years, Fidelity has invested in oil
companies doing business with the Government of Sudan. No matter that the
government is comprised of serial genocidaires. No matter that President Omar
Bashir has presided over three genocides in southern Sudan, the Nuba Mountains,
and now Darfur in western Sudan. For too long, Fidelity has tip-toed around the
issue of genocide, avoiding its responsibility to humanity. We ask that Fidelity choose life for the people of Darfur."