Cambridge Divest

Christ’s

Christ’s have not divested, but they have disclosed the breakdown of investments they hold within the Amundi ESG Global Low Carbon Fund. This is a big step, and it refutes the claims of other colleges that it is not possible to know what their investments are in “indirect” funds. This fund invests in weapons producers like Raytheon. 

Divested?

No.

FOI Request

Successful.

FOI Report

The Christ College bursar’s assistant answered a Freedom of Information request as follow:

Dear [redacted],

Christ’s College does not have any direct holdings in any of the companies listed in your FOI request of 29 February 2024.

The College does have the following exposures via our holding in the Amundi ESG Global Low Carbon Fund.

Boeing £40,067;
Caterpillar £44,207;
Ford £12,863;
General Electric £45,242;
Hewlett Packard (HP) £13,306;
Rolls-Royce £20,699;
RTX (formerly Raytheon) £52,635;
SK Group £3,844;
Toyota £37,258;
Total £270,120.

The £270,120 exposure is equal to 0.15% of the College’s overall investment portfolio.

Kind regards,

Bursar’s Assistant,
Christ’s College

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A response from the Christ's College bursar's assistant in response to a freedom of information request. The response reads as follows. Dear [blank], Christ's College does not have any direct holdings in any of the companies listed in your FOI request of 29 February 2024. The College does have the following exposures via our holding in the Amundi ESG Global Low Carbon Fund. Boeing £40,067; Caterpillar £44,207; Ford £12,863; General Electric £45,242; Hewlett Packard (HP) £13,306; Rolls-Royce £20,699; RTX (formerly Raytheon) £52,635; SK Group £3,844; Toyota £37,258; Total £270,120. The £270,120 exposure is equal to 0.15% of the College's overall investment portfolio. Kind regards, Bursar's Assistant, Christ's College

Investment policy

Christ’s Responsible Investment Policy

Updates

Referendum successfully passed in Easter 2024 calling on College to divest:

Investors didn’t approve changing exclusion from controversial weapons to defence related stocks.

Seeking approval from regulator to change every College’s investment strategy

  • Assumed to be approved May/June 2026

Contacts

Bursar: Michael Parsons; bursar@christs.cam.ac.uk

Senior tutor: Professor Tom Monie; tpm22@cam.ac.uk

Master: Simon McDonald c/o master’s assistant;  masters-assistant@christs.cam.ac.uk