Homerton

Divested?

Potentially (see below).

FOI Request

Partially successful (need details of investments to verify).

An excerpt of a response from the bursar of Homerton College to a freedom of information request. The response reads as follows. You asked whether the College's investment portfolio is supporting companies who may be engaged with the conflict. We are pleased to report that as a result of our long standing ethical investment policy and the careful work o four Investment Managers, teh answer to this question is no. Every quarter, our Investment Managers screen all portfolio holdings for Environmental, Sustainability or Governance concerns and the resulting screen in the category of 'Armaments' is less than 0.03% of total funds. This tiny level of exposure is as close as practically possible to zero and the residual figure arises because the definition for armaments is very broad and includes products such as navigation equipment which is manufactured by some large technology companies. There is no investment in armaments companies in the Homerton portfolio. Thank you for contacting me. With best wishes. Simon Brockington.

Investment Policy

Homerton College Responsible Investment Policy.

“The Investment Committee receives termly reports from Rothschild. A key part of the review is the portfolio’s exposure to fossil fuels, tobacco, armaments, gambling and alcohol. At the time of writing (September 2020) the report shows the College’s exposure to fossil fuel industries in its direct equities to be 0% (and has been for several years) and in equity funds to be 0.4% of its total portfolio value There is no exposure in its fixed-income assets.”

Contacts

Bursar: bursar@homerton.cam.ac.uk

Senior tutor: Dr Georgina Horrell; gah27@cam.ac.uk

Principal: Lord Simon Woolley; principal@homerton.cam.ac.uk