The University of Manchester has said it will review its £12m investment in fossil fuel firms after a seven-day protest by students who threatened to go on hunger strike.
Students from the protest group People and Planet had occupied one of the university’s buildings for the past week in a demonstration against its multimillion-pound investment in fossil fuel companies. The university said it recognised “the urgency of the issue” and committed to bringing forward a review of its investment portfolio.
A freedom of information request by People and Planet found that the University of Manchester, one of Britain’s biggest academic institutions, owned nearly £12m worth of shares in fossil fuel companies despite claiming it was committed to being a “world leader in sustainable development”.
Source: https://www.theguardian.com/education/2019/nov/26/university-of-manchester-to-review-fossil-fuel-shares-after-student-protest