UJC to divest from Sudan, Iran

The United Jewish Communities’ board of trustees passed a resolution calling for divestment from Sudan and Iran. The resolution called it “morally unacceptable” to profit from or support the two countries.The UJC will have its investment committee divest its pension and endowment funds from all companies doing business with non-humanitarian groups in Sudan and Iran.The resolution stated that the UJC’s investment committee also may consult with investment advisers and fund managers in an effort to isolate companies conducting non-humanitarian business in either country. It may suspend the resolution if the humanitarian or political situations change in either country.