Ethical investment (sometimes referred to as Socially Responsible Investment-SRI) is a way of investing money selectively on merits other than profitability. This may involves negative screening, such as not investing in the arms trade or companies with human’s rights abuses, and positive screening to find companies that operate sustainably and have ethical policies. The college has the following ethical investment policy:
The College's investment managers are expected to avoid involvement in organisations that clearly ignore responsible standards in dealing with, inter alia, employees, the environment, and the communities in which they operate. The Investments Committee reviews all individual investment transactions at its regular meetings with the opportunity, and authority, to make any changes it feels appropriate.
However questions have been raised over our involvement with companies such as BAE (arms), Rio Tinto (mining) and BP (oil). This issue will be raised with the college over the next year to see if we can adhere more strictly to our policy. This is partly our money that they are investing so please get in touch if you have any ideas or thoughts on what we want college to change and how we should go about this.