The College’s Investment Sub Committee has been reviewing our investment policy, taking into account the importance of environmental, social and corporate governance (ESG) factors and, in particular, issues such as climate change. The College is in the process of adopting a new Statement of Investment Principles. The Principles we will be adopting include a commitment to the decarbonisation of the College’s endowment investments and aims to set targets in the following three areas:
- Reduction of future emissions
- Reducing exposure to carbon intensive companies
- Making investments in sustainability-themed investments, for example, climate change mitigation, low carbon technology, social housing, sustainable infrastructure and energy efficiency
The College’s Investment Sub Committee, which draws members from across the College community, will perform a bi-annual analysis of the endowment’s carbon footprint and monitor progress towards the targets once they are confirmed.