New Ethics Issue for University Investments

June 14, 2010

A student organization is urging Stanford University to use its power as a stockholder to back proxy votes that would require companies to investigate the sources of the minerals they use, The New York Times reported. The student group opposes the use of "conflict minerals," which are harvested in some countries when armed groups force villagers into mining them. If Stanford adopts standards on such proxy votes, it would be the first American university to take such a stance.

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