100 signatures reached
To: Financial Services
Fossil Free UEL
To stick by the conditions of the university's agreed & published "Ethical Investment Policy" by redistributing funds linked to the fossil fuels industries to funds linked to clean energies.
To make public the level of investment in all funds and the name of such funds, as part of due public accountability.
Why is this important?
If it is wrong to wreck the climate, then it is wrong to profit from that wreckage. No UK university in their right mind would accept funding from or invest their funds in tobacco companies these days - it’s inconsistent with their research on cancer. The same holds true for fossil fuel companies causing climate change and yet most universities still do not recognise this.
UEL wishes to portray itself as a green university. It is time to match their words with actions.