Education Policy | Post Primary | Preschool | Primary | Tertiary | Search

 

Auckland uni falls behind on ethical investment ranking

FOR IMMEDIATE RELEASE

16 September 2015

Auckland uni falls behind on ethical investment ranking

Auckland University is being called out for its complete lack of an ethical investment policy in its $80 million endowment fund, and for falling behind competitors Victoria and Otago by not divesting from fossil fuels.

Over 2200 students, staff and alumni have signed a petition calling on the University and its associated foundations to stop investing in the fossil fuel industry and to establish an ethical investment policy.

"The University of Auckland is at the bottom of the pack in Australasia by not having any formal policy on what it invests in, meaning it could be funding tobacco, munitions, and dirty coal companies which are listed on the stock market," said Alex Johnston, spokesperson for student group Fossil Free UoA.

"For a university which prides itself on being a leader in the Pacific region, it is unacceptable to be contributing to climate change through its financial investments, given the impact climate change is having on our Pacific neighbours."

"There is a moral imperative on an institution that teaches about the devastating impact of things like climate change and smoking to put its money where its mouth is and divest from these industries."

Victoria University and Australian National University divested from fossil fuels last year, while the University of Otago Foundation Trust followed suit in August. In addition, five of the group of top eight Australian Universities have extensive ethical investment policies, while Auckland has none.

"Students and academics are increasingly conscious of a university's social responsibility when deciding where to study or work. Auckland University has got to step up and show leadership in its investment decisions, or else face damage to its reputation", said Johnston.

ENDS


Notes to editors
Petition: bit.ly/fossilfreeuoapetition
Universities' investment policies table: attached photo
University of Auckland Foundation: http://www.uoafoundation.org.nz/

© Scoop Media

 
 
 
Culture Headlines | Health Headlines | Education Headlines

 


Howard Davis: Emerald Fennell's Promising Young Woman'


The Guardian needed not one, but three reviews to do justice to Fennell's unsettling approach, which indicates exactly how ambiguous and controversial its message really is. More>>


Howard Davis: Jill Trevelyan's Rita Angus

Although Angus has become one of Aotearoa’s best-loved painters, the story of her life remained little known and poorly understood before Jill Trevelyan's acclaimed and revelatory biography, which won the Non Fiction Award at the Montana New Zealand Book Awards in 2009, and has now been republished by Te Papa press. More>>

Howard Davis: The Back of the Painting

Painting conservators are the forensic pathologists of the art world. While they cannot bring their subjects back to life, they do provide fascinating insights into the precise circumstances of a painting's creation, its material authenticity, and constructive methodology. More>>


Howard Davis: Black Panthers on the Prowl

A passionate and gripping political drama from Shaka King, this is an informative and instructive tale of human frailty that centers around the charismatic Chicago Black Panther leader Fred Hampton, who was murdered at the age of twenty-one during a police raid. More>>

Howard Davis: Controlling the High Ground

Stephen Johnson's raw and angry film not only poses important questions with scrupulous authenticity, but also provides a timely reminder of the genocidal consequences of casual bigotry and xenophobia. More>>

Howard Davis: Dryzabone - Robert Conolly's The Dry

After the terrible devastation caused by last year’s bushfires, which prompted hundreds of Australians to shelter in the ocean to escape incineration and destroyed uncountable amounts of wildlife, The Dry has been released during a totally different kind of dry spell. More>>


Howard Davis: Hit the Road, Jack - Chloé Zhao's Nomadland

Nomadland is perhaps the ultimately 'road' movie as it follows a group of dispossessed and disenfranchised vagabonds who find a form of communal refuge in camp sites and trailer parks after the economic contraction of 2008. More>>

 
 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION
 
 
  • Wellington
  • Christchurch
  • Auckland