Annual Report

Policies and Past Actions

Ethical Investor

Sudan Divestment

On February 15, 2006 Yale announced that it would divest from several companies operating in Sudan. The following materials have been released regarding this decision.

On February 23, 2013, in light of political developments in the region of Sudan, Yale updated its divestment policy.  The material changes are as follows:

·         Bentini and Nam Fatt were removed from the list of companies targeted for divestment, and AREF Investment Group and AREF Energy Holdings were added to the list as successors in interest to Higleig.

·         The policy was clarified to align with the policy of the U.S. and the international community to support the independence of South Sudan and to allow investment in companies doing business in South Sudan, even if those activities involve related, incidental transactions in Sudan, so long as those activities are licensed by OFAC.