August, 20 2019, 12:00am EDT
Demand Progress Education Fund: Business Roundtable's Hypocrisy Knows No Bounds
As group of CEOs is praised for hollow statements about corporate responsibility, they push to undermine processes to hold corporations accountable to higher values.
WASHINGTON
Even as the Business Roundtable is being valorized for asserting that companies have obligations to more than just their shareholders, the Roundtable is a leading advocate for measures currently being considered by the Securities and Exchange Commission that would undermine efforts to hold companies to higher values.
The SEC is currently considering making it harder for shareholders to hold corporations accountable -- for instance by vastly increasing the ownership threshold for filing a petition and by undermining the role of proxy advisors in corporate governance processes.
In direct contradiction to this week's letter, the Roundtable's engagement in this proceeding has consistently been predicated on the notion that advocacy for social aims must be constrained because it distracts from shareholder value and financial impact on corporations.
For instance, this is a direct quote from a June 3, 2019, filing with the SEC:
The low proposal submission threshold permits shareholders to make a nominal investment in a company to present proposals as a form of social commentary or to advocate for a social aim, regardless of the proposal's financial impact on the company, its relevance to long-term shareholder value or the cost to other shareholders.
According to David Segal, Executive Director of the Demand Progress Education Fund:
"The Roundtable letter smacks of thin rhetorical cover for continued predation by the world's biggest corporations. If the Roundtable wants us to believe that it and its members are anything better than brazen hypocrites, the Roundtable will immediately reverse its encouragement of SEC efforts to undermine shareholder petitioning and proxy voting.
"Rather, the Roundtable will urge the SEC to ensure that investors are allowed to continue to hold corporations accountable -- to good internal governance and to what is best for their workers, consumers, and the communities and broader world in which they operate."
Demand Progress amplifies the voice of the people -- and wields it to make government accountable and contest concentrated corporate power. Our mission is to protect the democratic character of the internet -- and wield it to contest concentrated corporate power and hold government accountable.
LATEST NEWS
Leaked State Department Memo: Israeli Assurances 'Neither Credible Nor Reliable'
"Today's leak should mark a final end to this impunity. President Biden has no choice but to fully enforce the law and halt aid to Israel."
Apr 28, 2024
A newly leaked internal memo shows that officials at four U.S. State Department bureaus don't believe the Israeli government's assurances that it is using American weaponry in Gaza in compliance with international law, rejecting them as "neither credible nor reliable."
The memo, first reported by Reuters on Saturday, is a joint submission from the State Department's bureaus of Democracy, Human Rights, and Labor; Population, Refugees, and Migration; Global Criminal Justice; and International Organization Affairs.
The leaked document raises "serious concern over non-compliance" with international law, specifically citing the Israeli military's repeated attacks on civilian infrastructure, refusal to investigate or punish those responsible for atrocities, and killing of "humanitarian workers and journalists at an unprecedented rate," according to Reuters.
The memo also points to Israel's arbitrary rejection of humanitarian aid trucks, which has fueled famine in the Gaza Strip. The bureaus' conclusion matches that of officials at the United States Agency for International Development.
Human rights groups have been documenting Israel's atrocities and systematic obstruction of aid for months, but the Biden administration has continued approving weapons sales for the Netanyahu government despite U.S. laws prohibiting arms transfers to countries violating human rights and blocking American humanitarian assistance.
Sarah Leah Whitson, executive director of Democracy for the Arab World Now (DAWN), said Saturday that "the State Department's leaked confirmation that Israel has restricted the transport and delivery of U.S. humanitarian assistance leaves no doubt: U.S. law requires the suspension of military aid to Israel."
"For too long, the Biden administration has breached or ignored U.S. laws that require the suspension of aid to an abusive regime like Israel, fueling Israeli belligerence and rewarding its atrocities," said Whitson. "It's time for real consequences."
"Suspending military aid is the bare minimum the U.S. must do to avoid further complicity in these abuses."
In March, Israeli Defense Minister Yoav Gallant penned a letter assuring the Biden administration that the Israeli military's use of American weaponry has been in line with international law. A spokesperson for the U.S. State Department subsequently indicated that the Biden administration has not found Israel "to be in violation of international humanitarian law," drawing outrage from analysts and members of Congress who say it is obvious Israel is committing war crimes. in Gaza.
The U.S. State Department is expected to deliver its final assessment of Israel's assurances to Congress in early May.
The written assurances from Israel were required under a White House policy known as National Security Memorandum 20 (NSM-20), which has the ostensible aim of preventing "arms transfers that risk facilitating or otherwise contributing to violations of human rights or international humanitarian law."
NSM-20 states that "in furtherance of supporting Section 620I of the Foreign Assistance Act of 1961 (22 U.S.C. 2378-1) and applicable international law," the U.S. will "obtain credible and reliable written assurances from a representative of the recipient country as the Secretary of State deems appropriate that, in any area of armed conflict where the recipient country uses such defense articles, consistent with applicable international law, the recipient country will facilitate and not arbitrarily deny, restrict, or otherwise impede, directly or indirectly, the transport or delivery of United States humanitarian assistance and United States Government-supported international efforts to provide humanitarian assistance."
Raed Jarrar, DAWN's advocacy director, said Saturday that "Section 620I has been rendered toothless by State Department inaction and special treatment for Israel."
"Today's leak should mark a final end to this impunity. President Biden has no choice but to fully enforce the law and halt aid to Israel," said Jarrar. "From bombing residential towers to blocking food and medicine, Israel's war on Gaza has been marked by utter disregard for civilian life and international law. Suspending military aid is the bare minimum the U.S. must do to avoid further complicity in these abuses. But it's an essential first step to show that even Israel is not above the law."
Details of the internal State Department memo emerged just days after Congress gave final approval to a foreign aid package that includes $17 billion in unconditional military assistance for the Israeli government.
In a joint statement on Friday, dozens of civil society groups warned that the newly approved military aid risks deepening U.S. complicity in an assault that has killed more than 34,000 people and put millions at risk of starvation.
"Not only does this supplemental aid package provide Israel with billions in lethal arms, it also provides the country with privileges above and beyond anything it has ever received, in particular for the war reserve stockpile and offshore procurement," the groups said. "The passage of the supplemental bill further risks U.S. complicity in grave international crimes committed by Israel."
"We urge the administration and Congress to uphold U.S. law and policy and international law by withholding the transfer of additional lethal military aid to Israel," they added.
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Disgust Greets White House Correspondents' Dinner as Israel Kills Journalists in Gaza
"To sit and schmooze with the president while he sends billions of dollars in weapons to Israel to kill their colleagues in Gaza is unethical and immoral."
Apr 27, 2024
On Saturday night, U.S. reporters and government officials—including President Joe Biden—will gather at the Washington Hilton Hotel for the annual White House Correspondents' Dinner, a glitzy, humor-filled affair that has faced mounting boycott calls in recent weeks as Palestinian journalists in Gaza are targeted and killed by the Israeli military in appalling numbers.
Earlier this month, dozens of Palestinian journalists urged their American colleagues to spurn the invite-only event "as an act of solidarity with us—your fellow journalists—as well as with the millions of Palestinians currently being starved in Gaza due to the Biden administration's continued political, financial, and military backing of Israel."
One journalist, Mehdi Hasan of Zeteo, has heeded the call.
"I have attended the White House Correspondents' Dinner for the past two years," Hasan, a former MSNBC host, wrote on social media Saturday, hours before the event. "I decided not to attend today's dinner (which, to be clear, is hosted by D.C. journalists not the White House) in solidarity with under-fire Palestinian journalists in Gaza who have called for a boycott."
According to the Committee to Protect Journalists, at least 97 media workers—92 of them Palestinian—have been killed in Gaza, Israel, and Lebanon since October 7. The Palestinian Journalist Syndicate puts the number higher at 125.
"Israel has killed over 10% of our colleagues," said Shuruq As'ad, director of the Palestine Journalism Hub and supporter of calls to boycott the White House Correspondents' Dinner, which is hosted by the White House Correspondents' Association.
The International Federation of Journalists (IFJ), an organization representing more than 600,000 media workers across 146 countries, endorsed the boycott push on Saturday, as did the National Writers Union (NWU).
"More than 100 journalists and media workers have been killed in the past six months of Israel's war on Gaza, backed by the United States government," NWU said in a statement. "As a union of journalists and media workers who strive for truth, we refuse to normalize genocide. Stand with journalists in Gaza and amplify the call for a boycott."
Israel's assault on Gaza, which has been fueled by U.S. weapons and diplomatic support, is the deadliest conflict for journalists in decades. Last year, roughly 75% of the journalists killed globally were killed by Israeli forces.
Al Jazeera's Gaza bureau chief, Wael Dahdouh, has lost five family members to Israeli airstrikes, including his 27-year-old son Hamza, who was also a journalist.
"To dine with him as he allows Palestinians to die of starvation by cutting off funding to critical humanitarian aid is despicable."
Press freedom groups have accused the Biden White House of failing to do enough to stop the Israeli military from targeting members of the media, who continue to risk their lives to show the world the devastation Israel is inflicting in Gaza.
"The Biden administration has been all talk when it comes to journalists killed by the Israel Defense Forces," Seth Stern, director of advocacy at the Freedom of the Press Foundation, said earlier this year. "The Biden administration says it cares deeply about journalists' freedom to cover the war but has failed to demand Israel ensure journalists' safety or hold it accountable when it doesn't."
The New York Timesreported that in addition to the jokes, Biden is "expected to issue a more serious warning at a time when journalists around the world are being jailed or detained more frequently for doing their job."
But it remains to be seen whether the president will mention Gaza journalists specifically.
President Biden will address the White House Correspondents Dinner tonight. It’s expected that’ll he’ll mention threats to journalists around the world. Will he mention Israel’s murder of Shireen Abu Aqlah & the scores of Palestinian journalists murdered in Gaza? Probably not. pic.twitter.com/nA6M2t9nK9
— James J. Zogby (@jjz1600) April 27, 2024
Protests are expected outside the dinner's venue, but as NBC Newsreported, "protests inside the event itself are much less common and perhaps unprecedented, given the tight security."
"People involved in organizing the protests said they knew of no plans to try to infiltrate the exclusive invite-only dinner," the outlet added. (Kelly O'Donnell, NBC's senior White House correspondent, is presiding over this year's dinner.)
Sandra Tamari, executive director of the Adalah Justice Project, which helped organize the letter calling for a boycott of Saturday's dinner, said it's grotesque for reporters who claim to be committed to a free press to pal around with members of an administration that is aiding deadly attacks on journalists in Gaza.
"To sit and schmooze with the president while he sends billions of dollars in weapons to Israel to kill their colleagues in Gaza is unethical and immoral," said Sandra Tamari, executive director of Adalah Justice Project, which helped organize the letter calling for a boycott of Saturday's dinner. "To dine with him as he allows Palestinians to die of starvation by cutting off funding to critical humanitarian aid is despicable."
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Columbia Climate School Alumni Slam 'Violent Repression' of Gaza Solidarity Protests
"As Columbia moves in lockstep with authoritarian assaults on democracy by unilaterally crushing dissent, it pours fuel on the flames of a burning planet."
Apr 27, 2024
Alumni of Columbia's Climate School published an open letter on Friday condemning the university's leadership for sanctioning a violent crackdown on campus Gaza protests, arguing that attempts to repress dissent against Israel's assault resemble and fuel "the irredeemable rising repression and surveillance against climate activists worldwide."
"We are beyond alarmed that Columbia is fomenting the same rising fascism that obstructs multilateral climate negotiations," reads the letter, which was directed at Columbia president Minouche Shafik and Barnard College president Laura Rosenbury.
"As Columbia moves in lockstep with authoritarian assaults on democracy by unilaterally crushing dissent, it pours fuel on the flames of a burning planet," continues the letter, which can be read in full below.
The letter was released as a campus oversight panel criticized Shafik's administration over its decision to send in New York City Police Department officers last week to arrest more than 100 peaceful pro-Palestinian demonstrators.
"After a two-hour meeting on Friday," Reutersreported, "the Columbia University Senate approved a resolution that Shafik's administration had undermined academic freedom and disregarded the privacy and due process rights of students and faculty members by calling in the police and shutting down the protest."
Alumni of Columbia's graduate Climate School join in protest over calling the police on demonstrators, arguing that "Columbia is fomenting the same rising fascism that obstructs multilateral climate negotiations." https://t.co/5XU0ywJb2O
— Bill McKibben (@billmckibben) April 27, 2024
The Columbia Climate School alumni joined university faculty members, civil liberties groups, prominent human rights organizations, and the United Nations in condemning police attacks on student demonstrators who are taking action across the U.S. to demand that their schools divest from companies profiting off Israel's devastating war on the Gaza Strip—including weapons manufacturers and tech companies like Google, which has a major cloud contract with Israel.
"Columbia claims divestment, protest, and student discipline fall outside the Climate School's mandate," the alumni wrote in their letter. "Science proves otherwise, that environmental justice requires divestment from war and apartheid, and that civil disobedience is integral to overcoming the climate emergency. The Climate School's mission thus mandates it defend students' right to dissent and support the cause of apartheid divestment."
Read the letter in full:
To President Shafik, President Rosenbury, Dean Shaman, and the Trustees of Columbia University,
We, alumni of Columbia University's Climate School, SUMA, and The Earth Institute, stand in full solidarity with the brave students of the Gaza Solidarity Encampment, as well as with the faculty, staff, and community supporters protesting for Columbia's total divestment and full dissociation from institutions profiting off or engaging in Israel's acts of occupation, apartheid, and genocide in Palestine. Doing so is fundamentally essential to environmental justice and overcoming the climate emergency.
We affirm the protests' core belief that Palestinian liberation and safety for Jewish people are the same goal: to end genocide and ethnic cleansing everywhere and in all forms. We completely condemn antisemitism, Islamophobia, xenophobia, and violence—verbal and physical—and maintain that all students must be guaranteed safety. We reject the weaponization of Jewish identity and steadfastly support anti-zionism. We observe that the encampment has nurtured student safety through interfaith solidarity and community building. In alignment with Columbia Professor Kimberlé Crenshaw's teachings on feminist intersectionality, we recognize there can be no climate justice without peace and no peace without the liberation of Palestinian people.
We reaffirm the letters by our fellow alumni, especially those of the Muslim, Jewish, Indigenous, Christian, Latinx, South Asian, and Black communities, of Barnard and Columbia Colleges, and of Columbia's Journalism, SIPA, MSPH, Teachers College, Social Work, General Studies, and Law Schools. We applaud the encampments springing up on campuses globally, demonstrating that while the University may repress individuals, this movement will not be silenced. The over 100 students arrested at Columbia's orders remind us of the land defenders who risk their bodies daily for climate justice and intersectional liberation. They remind us: "You can kill 100 roses, but you cannot stop the coming of spring." This dedication to freeing Palestine in our lifetime is embodied by students' chants: "Disclose! Divest! No more suspensions, no more arrests! We will not stop! We will not rest!"
Columbia's Crackdown Endangers Climate Justice Activists
Columbia's crackdown mirrors and contributes to the irredeemable rising repression and surveillance against climate activists worldwide. As charges of racketeering and domestic terrorism are leveled at nonviolent environmental activists, the fundamental human right to protest is being criminalized. This is especially grave for Black, People of Color, and Indigenous people. The 2023 murder of Indigenous gender-queer land defender Manuel "Tortuguita" Teran—whose death marks the first recorded instance in U.S. history of police killing a climate activist—as well as the National Guard's 1970 massacre of anti-war students at Kent State, demonstrate the logical conclusion of Columbia's actions.
We are appalled by reported threats from Columbia and Congress to unleash the National Guard on students and given the history of rampant police brutality against BIPOC people, we wholly reject President Shafik's claim that NYPD in any way serves the safety of the community. As reports of brutal police repression on campuses proliferate, of students of color tear-gassed, tasered, shot at with rubber bullets and a professor assaulted by police at Emory University, of a police sniper possibly deployed to Indiana University, and of blood staining Emerson College's cobblestones, we remind you that Columbia started this crackdown. We are disgusted that Columbia, which preaches free speech, is instead normalizing the violent repression of activists and the criminalization of dissent.
Columbia and President Shafik have undermined democratic governance by acting without University Senate approval to authorize violent police force against students, in violation of Statutes Section 444, and by breaching student’s Title VI civil rights. We are beyond alarmed that Columbia is fomenting the same rising fascism that obstructs multilateral climate negotiations. As Columbia moves in lockstep with authoritarian assaults on democracy by unilaterally crushing dissent, it pours fuel on the flames of a burning planet.
The Climate School's Mandate
As home to the world's first Climate School, the University understands the facts of this letter yet has proven too morally abject to stand behind the very science it teaches. The call to action by Climate School students and alumni in November 2023 on demanding a ceasefire over environmental injustices was inhumanely ignored by the School’s administrators. By suppressing activists and investing in war, Columbia contravenes its Climate School’s mission and cannot pretend to be a climate leader.
The University argues against apartheid divestment by citing a need for “broad consensus” and “aversion to using divestment for political purposes.” All investments are inherently political. Moreover, amidst the 99.9% peer-reviewed scientific consensus on anthropogenic climate change, the U.N. International Panel on Climate Change found with “high confidence” that colonialism, like Israel’s, drives the climate emergency. In addition, the UN Stockholm Declaration on Human Environment observes that protecting ecosystems necessitates decolonization, and the end to all apartheid. International and Israeli human rights organizations, including Human Rights Watch, Amnesty International, and B'Tselem, have all declared Israel an apartheid state. Broad scientific and political consensus thus supports the need for apartheid divestment to overcome the climate emergency.
The Climate School community's responsibility inarguably includes these matters of divestment and protest, especially as our School’s 2024 Graduation Student Speaker has been unjustly arrested and suspended, and as the Advisory Committee on Socially Responsible Investing's (ACSRI) entire voting faculty membership and its Chair are Climate School affiliates.
Columbia claims divestment, protest, and student discipline fall outside the Climate School’s mandate. Science proves otherwise, that environmental justice requires divestment from war and apartheid, and that civil disobedience is integral to overcoming the climate emergency. The Climate School’s mission thus mandates it defend students' right to dissent and support the cause of apartheid divestment.
Militarism and Climate Justice are Inextricably Linked and Fundamentally Incompatible
The climate crisis and the global military-industrial complex are deeply intertwined. War's devastation does not stop at human injury and death but also wreaks havoc on ecosystems and the climate via massive emissions, pollution of water and air, and environmental devastation felt for generations. Columbia's own Center for Global Energy Policy Director Jason Bordoff recently acknowledged this deep link at a recent panel discussing Israel. Alumni activists with Climate Defiance disrupted the discussion to protest the University’s platforming of BlackRock, a top investor in war profiteers and fossil fuels firms, highlighting Columbia’s unethical research funding from such firms. These financial relationships corrupt its research, undermine academic freedom, and make the University complicit in unconscionable harms, as do repression of activists and ties to war profiteers. Divestment and full dissociation are therefore plainly necessary.
The environmental injustice of Israel’s decades-long siege on Palestine, compounded by climate change, includes water shortages, ecocide, agricultural damage, and infrastructural collapse, caused by embargo, bombing, and humanitarian aid obstruction. Along with disease and death among Palestinians, this drives waste-water system failures, rendering 97% of Palestine’s water undrinkable since at least 2018 and causing sewage to poison coastal ecosystems and harm marine wildlife. We uphold the Palestinian people's inalienable rights to self-determination and governance which include environmentally just access to clean air, clean water, landback, and the right of return—all upheld by international human rights law.
War and a stable climate are irreconcilable. The U.S. military is the single largest institutional emitter of greenhouse gasses, outstripping 140 nations, and the first two months of Israel's 2023 siege on Gaza alone outburned the annual emissions of "over 20 of the most climate-vulnerable" countries. The climate emergency clearly demands the abolition of the military-industrial complex. Thus, we find the University's investments morally reprehensible and scientifically objectionable and demand full divestment from such firms, including fossil fuel companies that profit off genocide, apartheid, and war—in recognition that these investments are incompatible with the biodiversity, public health, human life, human rights, and a stable climate.
Columbia's History Demands Divestment
Israel's ecocide and war crimes in Palestine echo the U.S.' in Vietnam—which, alongside Columbia's segregationist gentrification of Harlem, sparked the University's1968 protests. Columbia's use of eminent domain to gentrify Harlem mimics the settler-colonial violence ongoing in both Israel and the U.S., where its campus stands, built off profits from stolen bodies and on the stolen lands of Lenni-Lenape and Wappinger peoples. With its massive endowment and as the largest private landowner in New York City, Columbia can plainly afford divestment. However, this is not ultimately an issue of affordability but rather one of clear moral obligation to reject genocide.
Divesting from genocide and defending the fundamental right of civil disobedience are moral obligations crucial to climate justice. We therefore insist the Climate School and University enact the student and alumni demands, including yet not limited to:
- Divest financially, including the endowment and research funding, and fully dissociate from entities profiting off of or complicit in Israel’s apartheid, occupation, and genocide against Palestine
- EnactColumbia University Apartheid Divest's proposal to the Advisory Committee on Socially Responsible Investing, and the Gaza Solidarity Encampment students’ demands to the University
- Ensure complete transparency for all Columbia's investments, research funding, and financial ties
- Grant amnesty from legal action and discipline for all students, faculty, and staff facing repression
- Reinstate the suspended students and the Students for Justice in Palestine and Jewish Voice for Peace groups, including with class participation, housing, healthcare, and on-campus food access
- End Columbia’s repression against activists, including NYPD's immediate and sustained withdrawal from campus and surrounding areas, as well as ceasing of surveillance against activists
- Boycott academically, by canceling the opening of the Tel Aviv Global Center and the Tel Aviv University Dual Degree Program, because they are currently exclusionary and function as a military laboratory while affirming that discourse and education are ultimately a bridge to peace
- Uphold academic freedom, free expression, shared governance, and the right to protest
- The Climate School must secure amnesty for the current C+S Student Speaker who was arrested and suspended, and ensure they are allowed to speak at Graduation/Class Day
- The Climate School must publically callfor an end to the genocide and declare support for student anti-war activists
Until these demands are met, we as Climate School Alumni will not accept any new staff or faculty positions, speaking engagements at, or advisory roles with the School, nor will we donate to, organizationally support, culturally contribute to, or promote the University.
We must also agree with the American Association of University Professors' Barnard and Columbia Chapter statement on the loss of confidence in Columbia's administration for violating shared governance and academic freedom. While we reject Congress' attempts to scapegoat President Shafik, we simultaneously condemn the University administration for capitulating to state repression at the expense of academic independence. Similarly, we find Columbia's authorization of militarized police with a history of brutality towards people of color and which carry the explicit threat of deadly force, against nonviolent anti-war activists led by BIPOC women, to be a morally reprehensible, implicitly racist, and dangerously irresponsible dereliction of duty. Therefore, we have lost all confidence in President Shafik and Columbia's administration.
Finally, we affirm that this activism does not ultimately center Columbia. Its focus is realizing a free Palestine and an end to both genocide and ethnic cleansing, everywhere and in all forms. As Columbia hypocritically invokes “student safety” to repress this nonviolent interfaith anti-war movement, we find clarity in the words, "There isn't a single safe campus left in Gaza," and in reporting that, in fact, there are no universities left in Gaza at all.
Without universities, there can be no climate science—and without a free Palestine, there can be no climate justice.
In Solidarity,
Alumni of Columbia University's Climate School
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