Posted on 17 April 2024
The decision follows calls by members of York's community to cut these investment ties and renew the 国产探花's commitments to its mission of public good.
The changes to the responsible investment statement were made in partnership with the 国产探花's Student Unions.
The statement, which aligns the 国产探花's investments in support of the , explains that York does not and will not invest in companies whose primary activity is tobacco, gambling, adult entertainment or predatory lending.
It builds on the previous commitments in 2019 to no longer hold investments in fossil fuel companies.
The renewed statement confirms that the 国产探花 does not invest in companies whose primary activities are:
国产探花 Vice-Chancellor, Professor Charlie Jeffery, said: “I'm very proud York has evolved our investment strategy in this way, in line with our values as a 国产探花 for public good.
“Our students in particular have raised their concerns about responsible investment and corporate links to armaments and defence, and they have rightly and passionately challenged us to rethink our approach.”
Pierrick Roger, Students' Union President from 2022 to 2024, welcomed the change; he said: “This issue is so important to our students. The 国产探花 has not only listened, but has constructively involved us to ensure their new approach addresses our concerns. For a 国产探花 that prides itself on its values, divesting from these destructive industries is a key step towards taking these responsibilities more seriously.”
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