Sacramento State University Changes Investment Policy in Response to Pro-Palestinian Protests

The university also clarified that it currently does not have any direct investments in companies that profit from ‘genocide’ and ‘ethnic cleansing.’
Sacramento State University Changes Investment Policy in Response to Pro-Palestinian Protests
Students at University of California–Irvine protest against the Israel-Hamas conflict in Irvine, Calif., on May 2, 2024. (John Fredricks/The Epoch Times)
Micaela Ricaforte
5/11/2024
Updated:
5/11/2024
0:00

California State University Sacramento has agreed to stop investing in companies that “profit from genocide, ethnic cleansing, and activities that violate fundamental human rights” in an agreement with campus pro-Palestinian protesters.

School officials updated their investment policy May 7, a week after protesters set up an encampment on campus in protest of the Israel-Hamas war.

“[The university] directs its auxiliaries … to investigate socially responsible investment strategies which include not having direct investments in corporations and funds that profit from genocide, ethnic cleansing, and activities that violate fundamental human rights,” the policy now states.

It also clarified that the university currently does not have any direct investments in these areas.

The university’s president, Luke Wood, also issued a May 7 statement condemning “all acts of genocide, ethnic cleansing, terrorism and other activities that violate fundamental human rights.”

The president’s statement also expressed support for student protests, calling such “cornerstones of higher education and democracy.”

“We support students’ right to engage in peaceful activism without fear for their personal safety,” the statement read. “We understand that many people feel anxious and fearful, particularly when standing for what they believe. We ask that everyone do their part to support one another, to ensure that CSU Sacramento is a safe and inclusive place for all.”

Protesters are calling for a cease-fire in the war, which began Oct. 7 with Islamist terrorist group Hamas’s surprise attack on Israel that killed 1,400 people and saw the taking of 253 hostages.

Since then, Israeli strikes have killed about 33,600 Palestinians and injured more than 76,200, the Palestinian Ministry of Health reported last month. Some hostages captured by Hamas have been released, but at least 32 have reportedly been killed in captivity.

Micaela Ricaforte covers education in Southern California for The Epoch Times. In addition to writing, she is passionate about music, books, and coffee.