What does it mean to "divest from terror"?
Divesting from terror is a strategy used to halt economic support of countries and companies that can be linked to terrorism. Specific examples of divestment include cutting off business activities in or with Iran, North Korea, Sudan and Syria. Divesting from terror helps to secure a safe future globally and is especially important for building peace in regions such as the Middle East. Don't let anyone use your money to fund terrorism!
Practicing Divestment: Oil from the Middle East
According to the Energy Information Administration: Official Energy Statistics from the U.S. Government, the following oil companies import oil from the Persian Gulf (the Persian Gulf is defined as Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates):
Companies that import Middle Eastern Oil include:
Shell U.S. Trading Co.
Chevron/Texaco
Exxon/Mobil
Marathon/Speedway
Amoco
Arco
Another oil company that it is important not to invest money in is Citgo. Citgo's oil comes from Venezuela.
On the other hand, companies that do not import Middle Eastern Oil and who should be supported in their efforts, include:
Sunoco
Sinclair
Hess
Shell Oil Company
For More Information About Divestment, Use These Helpful Web links:
www.DivestTerror.org (a project of Center for Security Policy)
"It is a little-known fact that some 400 large multinational and American corporations have demonstrated their determination to place profits ahead of ethical and terrorism-related concerns. That calculation must be changed."
The purpose of the Center for Security Policy is to force governments of terrorist-supporting nations to choose between sponsoring terrorism and critical partnerships with publically traded firms. The website includes many tools for supporting the divestment campaign, such as letters to persuade state officials and investment managers of the importance of divesting from terror.
www.TerrorFreeInvesting.com
The Conflict Securities Advisory Group has put together an extremely informative and helpful website making terror-free investing easier than ever. The website includes a list of certified terror-free investment options from several prestigious investment firms, ways to evaluate your current investments and resources for more help on the subject of terror-free investing. In addition, there are options listed for every type of investor divided by individual investors, institutional investors, asset managers and mutual fund providers.
www.UnitedAgainstNuclearIran.com (Iran Business Registry)
United Against Nuclear Iran's (UANI) Iranian Business Registry (IBR) is a running database of reputable media and academic reports of international business in Iran. Iran is uniquely susceptible to financial pressure and we hope the IBR can educate investors, policymakers, and other individuals on companies reported to have been doing business in Iran. If you have further reputable reports of international business activity in Iran or have questions regarding any of the reports, please feel free to contact UANI - we welcome all input.
United Against Nuclear Iran (UANI) is a non-partisan, broad-based coalition that is united in a commitment to prevent Iran from fulfilling its ambition to become a regional super-power possessing nuclear weapons. UANI is an issue-based coalition in which each coalition member will have its own interests as well as the collective goal of advancing an Iran free of nuclear weapons.
Contact information for the terror-free option firms:
CSAG-FTSE Terror-Free Index Series-
Bob Ebert (212) 641-6174
UMB Asset Management (UMB) Terror-Free, Actively Managed Separate Accounts-
John Schattenfield (816) 860-7284
Credit Suisse (CS) Multi-Manager "Patriot" Safety-
William Gambardella (212) 538-1604
Northern Trust International Commingles Terror-Free Fund-
Greg Behar (212) 339-7109
Stefanie Hest (212) 339-7208
Langerman-Seidman Group Global Terror-Free Separately Managed Accounts
Mark Langerman (408) 607-8833
Parametric Terror-Free Structured Portfolios
Kurt Galley (206) 694-5512
Tributary Capital Management's Certified Terror-Free Mutual Funds
David Jordan (970) 495-1291
