Partnering to End the Crisis in Darfur:
Calvert and South African Divestment

With its founding in October 1982, the Calvert Social Investment Fund (CSIF) became the first US mutual fund company to prohibit investment in companies doing business in South Africa. By prohibiting investment, Calvert helped heighten awareness of apartheid and spurred discussion about divestment and other forms of economic pressure.

Throughout the 1980s and early 1990s, Nelson Mandela and his organization, the African National Congress, continued to call for economic sanctions against the apartheid regime. After the establishment of a democratic government, Mandela addressed the United Nations on September 24, 1993, noting that sanctions had "...brought us to the point where the transition to democracy has now been enshrined in the law of our country." In that same address, Mandela called for an end to the economic sanctions.

CSIF then lifted its ban on investment in South Africa, and called on companies that operated in or returned to the country to make a positive contribution, with special attention to South Africa's need for jobs, skills training, support for black-owned businesses, housing, and equal rights in the workplace. We look forward to the day when we can make a similar call to support a free and peaceful Sudan.

Partnering to End the Crisis in Darfur

Publication Date: January 22, 2008

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