One hundred universities in the UK have pledged to divest from fossil fuels, the Guardian can reveal.
This equates to 65% of the country’s higher education sector refusing to make at least some investments in fossil fuel companies, and endowments worth more than £17.6bn now out of reach for the corporations.
This huge sum is mostly owing to the significant investment portfolios of the University of Edinburgh, as well as the universities of Oxford and Cambridge and their constituent colleges, all of which have at least partially divested.
Coventry University has become the 100th, and on Thursday announces its divestment of a £43.6m investment portfolio from all fossil fuel companies after a nine-month student campaign.
