500 signatures reached
To: University of Reading Investments Committee
University of Reading to go Fossil Free #UoRFossilFree
We are asking the University of Reading's Investment Committee and key stakeholders to:
1) Adopt a Socially Responsible Investment Policy- why? To prevent more investments falling into the pockets of unethical companies.
2) Divest any shares in the top 200 coal, oil and gas companies within 5 years.
3) Ask the University to be transparent with the investments they make and encourage staff, students and community members to have access and input to the university's investments.
We believe that we stand a better chance at succeeding if we work through these aims one at a time. Firstly, we need the university to adopt a Socially Responsible Investments Policy which will outline what is ethical or not for the University of Reading to invest money in.
This will be our priority and once that happens we work on the next aim, divestment.
We want Student and Staff to sign this petition showing their support for the campaign.
Why is this important?
Recently, charities and corporations alike have come under fire in relation to their investments in the top two hundred coal, oil and gas companies worldwide.
It is our belief that the University of Reading, as an academic institution within the top 1% of universities in the world, needs to take a lead on divestment. It would allow the University of Reading to set a strong precedent for being ethical and sustainable when making investment choices.
The current investment practices of the University are inconsistent with the institution's Environmental Policy, which states that it ‘takes environmental responsibilities seriously’ and commits to ‘achieving the highest standards of environmental performance, preventing pollution and minimising the impact of its operations’.
If the University is committed to working towards increased sustainability in its activities then this approach should be reflected in its investments. This is why RUSU wants the University to take a sector lead on adopting a Socially Responsible Investments Policy.
If you're interested in the campaign, please read our document 'Why the University of Reading needs to adopt a Socially Responsible Investments Policy' as well as checking out our Facebook page.
https://drive.google.com/file/d/0B1EpAf9F0ADhclFWM3BwV2VpaFk/view - Why the University need to adopt a Socially Responsible Investments Policy.
https://www.facebook.com/FossilizedFees Join our Facebook page!