LSE Council has approved a series of recommendations to strengthen the School’s socially responsible investment policy.
The School has pledged to continue to ensure that no direct investments are made in fossil fuels and that it will seek to reduce investment placed indirectly through investment funds in companies whose business is significantly focused on thermal coal or tar sands. It will also avoid investment in companies engaged in tobacco manufacture and indiscriminate armaments.
The School will also explore opportunities to collaborate with other universities to encourage fund managers to develop new socially responsible investment products.
This announcement represents a positive commitment from LSE to support the transition to the low-carbon economy. We are proud of our rigorous and innovative academic contributions on climate change and the environment, and also of our own high environmental standards on campus, and it is right that our updated investment policy better reflects this work.
The full updated policy is available to read here: Socially Responsible Investment Policy 2015
For more information about the School's ethics code see: Ethics Code
For more information about the School's sustainability policies see: Sustainability at LSE
26 November 2015