Category: Uncategorized

  • Meeting with USS Responsible Investment Team

    We had an interesting and informative meeting on Jan 16th and the plan is that we should meet again during the early summer. These are the agreed actions: USS will: 1 Review the presentation of risks of ethical investments in newsletters and on the website 2 Send examples of the survey questions used when seeking…

    ·

  • About this campaign

    USS – the pension scheme for university staff in the UK – is one of the largest pension schemes in Europe. Currently (Jan 2020) they hold over £ 1 000 million in fossil fuels companies, £ 400 million in tobacco and £ 200 million in arms manufacturers. Ethics for USS is a group of USS…

    ·

  • UK Academic Institutions that have already divested

    The team at People and Planet have led a fantastic campaign to persuade UK Universities to divest their own funds from fossil fuels. This list is taken from https://peopleandplanet.org/fossil-free-victories.  If these institutions can divest surely USS can do the same ?? Academic Institutions that have divested or are in the process of divesting from fossil fuels:…

    ·

  • A brief summary of USS investments in fossil fuels, tobacco and arms manufacturers

    Fossil fuels: Royal Dutch Shell £ 538 million; Lundin Petroleum £ 120 million; Pioneer Natural Resources £ 102 million; Equinor £ 93 million, Petroleo Brasilero £ 73 million. Tobacco: British American Tobacco £ 103 million; Imperial Brands £ 85 million. Military hardware: Raytheon £ 209 million

    ·