Edinburgh Napier University is a registered charity. The university’s Ethical Financial Investment Policy states that the trustees of the charity (the university) are under a duty to exclude investments that conflict with the objects of the charity, or those that would inhibit the purpose of the charity. However, the policy says that the university “would not wish to be proscriptive” and investment decisions are left to investment fund managers who are required to consider “social responsibility parameters before making any investment”.
Edinburgh Napier University provided us with a list of the companies and funds that it invests in as at 30 September 2020. The list revealed no direct investments in nuclear weapons producers, however, the university may have indirect investments through some of the funds listed.
Action
If you are a student at Edinburgh Napier and you think that the university’s policy should be strengthened, consider contacting the University’s principal. You can also contact Campaign Against Arms Trade (CAAT) Scotland for information about how to get involved with the divestment activities of the CAAT Universities Network: scotland@caat.org.uk.