As part of our on-going commitment to sustainability, and in line with Goal 6 of our Sustainability Strategy, the University has undertaken an initial audit of the fossil fuel exposure within its investment portfolio.
As at 31 December 2020, 0.8 per cent of our portfolio was held within direct fossil fuel companies, and a further 0.8 per cent within indirect fossil fuel companies. This represented a small proportion of our holdings at this date. Nevertheless, we remain committed to reviewing and refreshing our investment policy, to ensure our investments represent the values of the University.
This is the first year we have undertaken this work, and we will be reviewing in future years how best to analyse and report on the compatibility of our portfolios with our sustainability goals. Our aim is to develop a sustainable and ethical investment policy which is fully aligned to our Sustainability Strategy and that outlines how we will use our investments to achieve positive influence in these areas.
As always, we welcome feedback from our staff and student community in this and all other areas related to sustainability. You can get in touch by emailing [email protected]
We have also created a feedback tool for people to get in touch with ideas and solutions (you need to sign in with your soton credentials).
Read previous SUSSED posts on Sustainability.