I was told today that my university would never consider an ethical investment or procurement policy. Their only obligation is to the lowest cost company. They also stated that their obligation is to the beneficiaries. Which I then asked them to define - they told me that these were the students. So I asked them, what if the students, these beneficiaries which they are advocating for, say that they don't want to do business with an unethical corporation. The response? "I don't care - we go for the lowest cost company."
I hate economics. And its little dog too.