5.5 University of Dundee

The University of Dundee has an ethical investment policy which does not mention nuclear weapons specifically but states that “companies producing weapons and weapon systems, including cluster munitions and anti-personnel landmines” and “companies whose main business includes the supply of strategic components (such as weapons guidance systems), military vehicles and services” are excluded.

A consolidated valuation report for the university covering 1 May 2020 to 31 July 2020 reveals no investments in companies that are involved in the production of nuclear weapons, their delivery systems or delivery platforms. However, the university’s ethical investment policy could be strengthened in two ways to ensure that nuclear weapons producers are comprehensively excluded: 1) addition of a reference to nuclear weapons in the list of “companies producing weapons and weapon systems”; 2) deletion of the word “main” so that the policy excludes all companies whose business includes the supply of strategic components, military vehicles and services.


If you are a student at the University of Dundee and you think that the university’s investment policy should be strengthened, consider contacting the university’s principal. You can also contact Campaign Against Arms Trade (CAAT) Scotland about getting involved in the divestment activities of the CAAT Universities Network: scotland@caat.org.uk.