The Multinational Monitor

March 2001 - VOLUME 22 - NUMBER 3


T H E    L A W R E N C E    S U M M E R S    M E M O R I A L   A W A R D

THE LAWRENCE SUMMERS MEMORIAL AWARD*

The March 2001 Lawrence Summers Memorial Award* goes to Nottingham University in the United Kingdom.

Nottingham University announced in December 2000 that it had accepted a 3.8 million pound donation from the British American Tobacco Company ... to establish an International Center for Corporate Social Responsibility.

As a campaign mounted to urge the university to reject the donation, university officials dug in their heels.

In response to critical letters, the Vice Chancellor of Nottingham, Sir Colin Campbell, wrote:

"The donation will enable the Universities to make a serious investment in a very important developing academic field. Public scrutiny of global companies is increasing and stakeholders hold companies more and more accountable. British American Tobacco is working hard to address the changing expectations of society and its stakeholders. It has a genuine commitment to supporting higher education and the development of the management skills base in the countries where it operates.

I should add that the funding comes with no strings attached.The Business School will be able to establish a new Center with high quality staff in an increasingly important research discipline. This is, of course, organizationally, fiscally and physically separate from the important work going in the Schools of Medicine and Pharmaceutical Sciences." For more on the controversy, see ASH UK's web site, www.ash.org.uk.


*In a 1991 internal memorandum, then-World Bank economist Lawrence Summers argued for the transfer of waste and dirty industries from industrialized to developing countries. "Just between you and me, shouldn't the World Bank be encouraging more migration of the dirty industries to the LDCs (lesser developed countries)?" wrote Summers, who went on to serve as Treasury Secretary during the Clinton administration. "I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that. ... I've always thought that underpopulated countries in Africa are vastly under polluted; their air quality is vastly inefficiently low [sic] compared to Los Angeles or Mexico City." Summers later said the memo was meant to be ironic.