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16/05/2017
Queen's To Disinvest From Fossil Fuels
Queen's University in Belfast has confirmed it is to disinvest from fossil fuels.
The University has updated its investment policy and will, subject to no detrimental impact on expected investment returns, seek to disinvest from companies involved in the extraction and production of fossil fuels by 2025.
Queen's University President and Vice-Chancellor, Professor Patrick Johnston, said: "Queen's has a strong commitment to environmental sustainability through our teaching and research. In addition, we are currently implementing a comprehensive Carbon Management Strategy which will significantly reduce our CO2 emissions by 2020.
"Our new objective to disinvest from indirect investments in fossil fuels, subject to this not materially impacting on expected investment returns, further highlights our commitment to the green and environmental agenda in line with the University's Social Charter.
"I want to commend the Students' Union for their commitment to protecting the environment and Queen's is pleased to join other universities across the globe in aspiring to disinvest from fossil fuels."
(CD/JP)
The University has updated its investment policy and will, subject to no detrimental impact on expected investment returns, seek to disinvest from companies involved in the extraction and production of fossil fuels by 2025.
Queen's University President and Vice-Chancellor, Professor Patrick Johnston, said: "Queen's has a strong commitment to environmental sustainability through our teaching and research. In addition, we are currently implementing a comprehensive Carbon Management Strategy which will significantly reduce our CO2 emissions by 2020.
"Our new objective to disinvest from indirect investments in fossil fuels, subject to this not materially impacting on expected investment returns, further highlights our commitment to the green and environmental agenda in line with the University's Social Charter.
"I want to commend the Students' Union for their commitment to protecting the environment and Queen's is pleased to join other universities across the globe in aspiring to disinvest from fossil fuels."
(CD/JP)
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