Sustainable Campus

Ethical Investment

Ethical Investment

Carbon Advisory Group

In October 2015, senior managers at the University responded to the student divestment campaign by forming a Carbon Advisory Group. The Group considered all the University's links to the carbon industry. This included a review of the University's Socially Responsible Investment Policy and progress with its implementation.

The University has committed to making improvements across a number of areas including the estate, curriculum and investments. Our commitment includes coverage of all environmental, social and governance considerations (not only fossil fuels) within the University’s endowment funds.

The Carbon Advisory Group reformed in 2019 to review progress to date on the recommendations from the report in 2016 and improve clarity on further action relating to investments. Students are represented at the Carbon Advisory Group and University Finance Committee by the President of the Students' Union.

Update Aug 2019:

The Carbon Advisory Group has met on 3 occasions to consider the next steps for procurement of fund manager services going forwards. To date the Group have agreed to the following:

  • Commissioning of investment services to conduct research into options available in the market in relation to funds with ethical screening, particularly associated with companies involved in fossil fuel extraction
  • Quarterly reporting of the sectoral breakdown of University endowment fund investments. The reports will be considered at University Finance Committee and therefore the timing will follow the schedule of Finance Committee meetings.

A further meeting of the Advisory Group has been scheduled in October 2019 where members will consider the interim results of the research into the investment market ahead of consideration by University Finance Committee, with aim of taking a decision on the exclusions and timescale that will be applied to the next tender exercise before the end of the calendar year.

Update Oct 2019:

Update Nov 2019:

  • Newcastle University Press Office article released can be read here which describes the then situation with investments.

This page will be updated as further information is published.

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