The University has a Socially Responsible Investment Policy. Leeds University Endowment Fund (the Fund) expects its investment managers, as part of their normal investment research and analysis process, to take account of social, environmental and ethical considerations in the selection, retention and realisation of investments. A link to the University’s Policy can be found here.
The University of Leeds’ endowment portfolio is managed by Sarasin & Partners, a specialist asset manager. Sarasin & Partners takes account of social, environmental and ethical considerations in the selection of investments, as part of its normal investment research and analysis process. The University adopted Sarasin & Partners’ Climate Active Strategy in May 2018, the purpose of which is to drive behavioural change supporting decarbonisation via a combination of divestments and engagement.
In relation to the issue of divestment, the University Council recently considered a proposal from the students’ union that the University divest itself of direct share-holdings in fossil fuel companies. Students were recently invited to speak to the University Council. The Council shares the over-arching objective of the students’ proposal – to champion the move to a low-carbon economy and to limit and mitigate the impacts of climate change. A full statement from the Council can be read here and minutes from the meeting can be found at papers.leeds.ac.uk.