The following statement can be attributed to the California State University Office of the Chancellor:
"In light of its fiduciary responsibilities and existing policies governing the assessment of environmental, social, and governance risks, the California State University does not intend to alter existing investment policies related to Israel or the Israel-Hamas conflict.
Because of state law and CSU's investment policies restrictions, the CSU does not invest in direct stocks or equities in any companies. The system does invest in mutual funds, bonds, and other instruments.
Through careful management of the university funds, CSU investments provide a stable revenue stream that benefits our students and faculty, and supports our critical campus facilities, scholarships, and other key elements of our educational mission.
While the CSU affirms the right of our community members to express diverse viewpoints, a divestment of this sort impinges on the academic freedom of our students and faculty and the unfettered exchange of ideas on our campuses."
About the California State University
The California State University is the nation's largest four-year public university system, providing transformational opportunities for upward mobility to more than 450,000 students from all socioeconomic backgrounds. More than half of CSU students are from traditionally underrepresented backgrounds, and more than one-quarter of undergraduates are first-generation college students. Because the CSU's 23 universities provide a high-quality education at an incredible value, they are rated among the best in the nation for promoting social mobility in national college rankings from U.S. News & World Report, the Wall Street Journal and Washington Monthly. The CSU powers California and the nation, sending nearly 127,000 career-ready graduates into the workforce each year. In fact, one in every 20 Americans holding a college degree earned it at the CSU. Connect with and learn more about the CSU in the CSU newsroom.