According to an investigation by Greenpeace, the University of Manchester has taken £27.7 million in funds from large fossil fuel companies including BP and Shell
Campaigners will urge the university’s Board of Governors to choose to divest from the fossil fuel industry in a report revealed at a meeting later this week
The campaigners are calling on the University to “divest from the fossil fuel industry and shift funds to lower risk, ethical investments within 5 years.”
Research by the Manchester Fossil Free Campaign has found that the university’s shares in oil companies total £9.5 million. A further £29.5 million is invested in fossil fuels through pension funds