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Cambridge Student Challenge Rolls Royce

CSAAT | 17.10.2006 10:59 | Anti-militarism | Education | Cambridge

Press release about a Cambridge Students Against the Arms Trade action challenging Rolls Royce's recruitment attempts

CAMBRIDGE STUDENTS CHALLENGE ROLLS ROYCE

Photo opportunity 6.15pm, Tuesday 17th October
Outside Mong Hall, Sidney Sussex College

Cambridge Students Against the Arms Trade (CSAAT) will be co-ordinating a visual presence at a Rolls Royce careers event this Tuesday presenting an alternative view of the company’s activities. The action is part of a university-wide campaign calling on colleges to disinvest from arms companies.

Students will use colourful props to illustrate the global impact of Rolls-Royce’s sale of military parts. They will also be using opportunities within the structure of the event to question the company’s commitment to corporate social responsibility.

CSAAT spokesperson Thomas Lalevée said,

“We’re not suggesting Rolls Royce doesn’t have the right to recruit in Cambridge – what we are saying is that students also have the right to be fully informed when making their career choices. This is a company whose engines have powered Hawk jets used by Indonesia to massacre the people of East Timor. Like any company, Rolls Royce bears responsibility for how its products are used, and this does not stop when its parts leave the factory.”

Contact Christine Berry ethicalinvestment [AT] cusu.cam.ac.uk

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Notes for editors

1.Cambridge Students Against the Arms Trade was formed in October 2005 in response to revelations that Cambridge colleges hold substantial direct investments in major arms companies. The group opposes the arms trade not on pacifist grounds, but because of the corruption and lack of regulation which allow arms companies to fuel conflict by selling arms to unstable regions and oppressive regimes. The group is campaigning for the adoption of ethical investment policies excluding arms companies, and plans to hold a demonstration in February 2007.

2.25% of Rolls Royce’s annual sales are military; it produces engines for fighter aircraft and attack helicopters which have been sold to countries such as Zimbabwe, Saudi Arabia and Indonesia. For more see  http://caat.org.uk/publications/companies/rolls-royce.php or  http://www.rolls-royce.com/defence_aerospace/overview/default.jsp

3.Cambridge colleges held a combined 364,482 shares in Rolls Royce, and a total combined 996,243 shares in major arms companies, at the time of the last survey carried out by Cambridge University Students’ Union (January 2006).

CSAAT