
University of Dundee to quit fossil fuel investments
Multi-million pound announcement makes the University the tenth Scottish investor to pledge exit from fossil fuels.

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Multi-million pound announcement makes the University the tenth Scottish investor to pledge exit from fossil fuels.
Vast investments in Shell, BP and Exxon embarrass Glasgow City Council who are due to host the 2020 UN climate talks, having declared a climate emergency and set a target of becoming carbon neutral by 2030.

The move from Welsh Assembly heaps pressure on MSPs to divest their pensions from climate-wrecking companies.
It will finance a just transition away from fossil fuels to a zero-carbon economy, whilst upholding minimum ethical standards of its investments.
MSPs must back ethical standards to ensure the Bank can achieve its environmental and social goals.
MSPs backed a climate & just transition focus but failed to include minimum ethical standards for its investments.


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