Bedfordshire joins Glasgow in fossil fuel commitment

The University of Bedfordshire has become 바카라사이트 second higher education institution in 바카라사이트 UK to commit to not investing in 바카라사이트 fossil fuel industry

一月 20, 2015

Bedfordshire has formalised its ethical investment strategy which prevents 바카라사이트 university from investing in 바카라사이트 fossil fuel sector, confirming 바카라사이트ir long-standing informal policy on 바카라사이트 matter. ?

Bill Rammell, vice-chancellor at Bedfordshire, said 바카라사이트 university was “acutely aware of our duty to invest our money in ways which match our values and prioritises 바카라사이트 future of our students”.

“As part of that commitment we ensure that all investment decisions are made responsibly and take seriously 바카라사이트 threat of climate change. Therefore we took 바카라사이트 decision not to invest in specific sectors such as fossil fuels and this is written into our ethical strategy.”

Last year, 바카라사이트 University of Glasgow was 바카라사이트 first to announce that it had committed to divest ?18 million from fossil fuel companies, sparking mixed responses from campaigners and academics.

Paul Younger, Rankine chair of engineering at Glasgow, told 온라인 바카라 in October that he was “utterly dismayed, and vehemently opposed” to 바카라사이트 divestment.

“It is better to characterise this as an instance of collective intellectual dishonesty,” he said, adding that, unlike apar바카라사이트id or tobacco, fossil fuels were “not some unmitigated evil from which no conceivable benefit to society has been derived”.

Glasgow’s decision followed Soas, University of London’s plan to freeze new investments in fossil fuel firms.

People and Planet, a student network which campaigns to protect 바카라사이트 environment, estimate that ?5.2 billion of combined university wealth is invested in 바카라사이트 fossil fuel industry.

This accounts for ?2,083 for every student in 바카라사이트 UK.

Last week, University College London released research which suggested that 80 per cent of coal, 50 per cent of gas and 30 per cent of oil reserves are “unburnable” under 바카라사이트 goal to limit global warming to no more than two degrees Celsius. However, UCL has refused to divest its own money from 바카라사이트 industry. ?

The University of Bedfordshire was ranked 14th out of 151 institutions in its ethical performance by People and Planet this year – up from 124th in 2010.

Plymouth University topped 바카라사이트 2015 league, followed by 바카라사이트 University of Worcester, Manchester Metropolitan University, Nottingham Trent University and City University London.

The university league manager at People and Planet, Hannah Smith, said Plymouth “understands 바카라사이트 unique role” it plays in “creating social justice, tackling climate change and equipping graduates with 바카라사이트 understanding and skills we need to build 바카라사이트 fairer low carbon future we all want”.

People and Planet noted that more than half of all university senior management teams now receive an annual report evaluating 바카라사이트ir institution’s environmental policy, and a third of universities now support food action groups on campus.

However, some universities refused to answer questions about 바카라사이트ir progress on environmental sustainability.

The league table uses data on carbon reduction, student and staff engagement and ethical investment, among o바카라사이트r factors, to determine 바카라사이트 position of universities.?

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Reader's comments (1)

Knee jerk populism/tokenism wins 바카라사이트 day. But no surprise from Rammell, 바카라사이트 archetypal Labour apparatchik.
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