Document issued as part of a campaign to get Virginia Theological Seminary to divest from companies doing business in South Africa. The document says the South African policy of the Board of Trustees of Virginia Seminary is in direct conflict with resolutions from the General Convention and with appeals from the church in South Africa; in January 1986 our trustees endorsed the Sullivan Principles (guideline for non-racial corporate responsibility by American firms doing business in South Africa, now rejected by their author), and it votes its shares against disinvestment in South Africa. The document includes quotes in support of corporate withdrawal and divestment by the Kairos theologians,...
Document issued as part of a campaign to get Virginia Theological Seminary to divest from companies doing business in South Africa. The document says the South African policy of the Board of Trustees of Virginia Seminary is in direct conflict with resolutions from the General Convention and with appeals from the church in South Africa; in January 1986 our trustees endorsed the Sullivan Principles (guideline for non-racial corporate responsibility by American firms doing business in South Africa, now rejected by their author), and it votes its shares against disinvestment in South Africa. The document includes quotes in support of corporate withdrawal and divestment by the Kairos theologians, South Africa, 1985; the Rev. Allan Boesak; Archbishop Desmond Tutu; The Rev. Leon Sullivan; General Convention resolution Anaheim; General Convention resolution, Detroit, July 1988; Lambeth resolution, Canterbury, summer 1988; and Charles P. Price. The document discusses apartheid, the Church Pension Fund, the Episcopal Church, economic sanctions, a trade embargo, nuclear materials, South African minerals, gold, Royal Dutch Shell, Mobil, Chevron, Texaco, British Petroleum (BP), Total, and oil companies.