Statement on University of Leeds Divestment

In light of recent inaccurate reports in the press surrounding divestment of certain companies by the University of Leeds, here is the statement from the University:

“The University of Leeds’ endowment portfolio is managed by Sarasin & Partners who, as part of their normal investment research and analysis process, take account of social, environmental and ethical considerations in the selection of investments.

“We have recently adopted a climate active strategy, the purpose of which is to drive behavioural change supporting decarbonisation via a combination of divestments and engagement and as a result have divested of our holdings in Airbus, United Technologies and Keyence Corporation which were all held indirectly in a Global Equities Fund.