After a three year long campaign by student activists concerned with social justice and responsible investment of the University’s endowment, Princeton has announced that it will not reinvest in HEI Hospitality due to “business considerations.” Princeton Students for Workers’ Rights, with the recent support of Occupy Princeton and other individuals, have been seeking this outcome for years, and we are all very pleased with the University’s decision. Watch the video below, where Andrew Golden, President of Princeton Investment Company (PRINCO), makes the announcement at an open Princeton Resource Committee meeting on February 23rd, 2012.
UNITE HERE statement: http://www.heiworkersrising.org/?p=1193
Daily Princetonian coverage: http://www.dailyprincetonian.com/2012/03/01/30159/
Harvard Crimson coverage: http://www.thecrimson.com/article/2012/2/29/HEI-Loses-Princeton-Dollars/