To: The University of Edinburgh

Responsible Investment for the University of Edinburgh

Responsible Investment for the University of Edinburgh

We want the University of Edinburgh to create a robust responsible investment policy that screens out fossil fuels and the arms trade, and makes the investment process more responsible, accountable and democratic.

For more information about our campaign and to get involved, please visit: http://investethically.wordpress.com/

Why is this important?

Edinburgh University has over £230 million worth of investments. The companies receiving some of this bountiful fund include 3 arms companies. A massive 16% of the University's endowment goes to fossil fuel companies, undermining the goals of the University's 'Climate Action Plan', which aims to reduce the university's carbon footprint by 29% by 2020. On top of all this, numerous companies that the University invests in, including Shell and Monsanto, have been accused of human rights abuses.

With the 3rd largest endowment fund in the UK, and the largest in Scotland, the University of Edinburgh has the opportunity to lead the way on sustainability and social responsibility in finance. The University of Edinburgh is a charitable body whose mission it is, amongst others, to ‘make a significant, sustainable and socially responsible contribution to Scotland, the UK and the world’. We want this mission to be reflected in the university’s investment portfolio.

The University Of Edinburgh, Edinburgh, United Kingdom

Reasons for signing

  • It's time these investments were brought in line with the social responsibility that the university otherwise aspires to.
  • It's one way to back green values: financial investment/ divestment decisions. I'm glad Edinburgh students held a sit-in over it (principle plus passion!)
  • Climate change from carbon emissions is the biggest threat to our whole world physically and economically. It is URGENT for things to change to reduce carbon emissions.

Updates

2015-05-12 08:09:28 -0400

1,000 signatures reached

2014-02-12 14:54:11 -0500

500 signatures reached

2013-11-02 13:11:20 -0400

50 signatures reached

2013-10-30 16:58:29 -0400

25 signatures reached

2013-10-24 12:12:46 -0400

10 signatures reached