We are committed to transitioning to a sustainable future and a low carbon world in line with the Paris Agreement, and work with similarly minded businesses which enables us to influence change. Investment in fossil fuel related companies represents only 0.22% of the University’s Investment Assets as of November 2022 compared to 10% in 2018. The value of this investment in fossil fuel related companies is £443k. We fully expect to reduce this further as the result of investment fund changes being made in the coming months.
The University’s external investment managers regularly meet with the CEOs and governance boards of companies to apply stakeholder pressure, influence change and contribute to the transition to a sustainable future.