Motion detail

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Motion

Motion title
USS divestment
Meeting date
28 May 2023
Motion
HE17
Motion text

Conference notes:
1. that the portfolio of public and private investments by the pension fund USS continues to invest its members’ contributions in climate-wrecking fossil fuel companies and biodiversity-wrecking utility companies;
2. that by allowing USS investments in known polluters to go unchecked, we are contributing to climate breakdown.
Conference believes:
a. in the Paris Agreement and the moral obligation of the higher education sector to contribute to climate justice.
Conference resolves:
i. to call on USS to immediately cease investments in fossil fuel companies;
ii. to demand in its negotiations with USS that a transparent and accountable body with UCU representation is formed to monitor and guide future investments so that they are invested into companies with sustainable and renewable resources and practices;
iii. to issue a public statement in support of actions, campaigns, and protests that call for no new licensing for UK oil and gas.

Proposing body
University of East Anglia
Amended
No
Notes

Administrative info

Listing reference
2023/H/05-28/096/HE17