5.1 University of Glasgow

The University of Glasgow has been criticised for investing heavily in the arms industry, while claiming to be “committed to socially responsible investment”. An annual list of investments on the university’s website shows that it holds over £1.6 million worth of shares in 11 nuclear weapons producers:

Company Value of shares (£)
Airbus

127,601

BAE Systems

570,715

Boeing

319,822

Fluor

          32,416

Honeywell International

159,212

Jacobs Engineering

28,632

Lockheed Martin

152,452

Northrop Grumman

83,628

Rolls Royce

86,527

Safran

61,117

Thales

24,858

Total

1,646,980

In 2015, Scottish Green Party  MSP John Finnie backed calls for the University of Glasgow to divest from the arms industry. Noting the university’s decision to divest from fossil fuel, Finnie said the University should “reflect on their earlier divestment’s benefit to mankind and double that gift by divesting in the arms trade too”.

University of Glasgow students who wish to get involved in a divestment campaign can contact the Glasgow University Amnesty group: campaigns@guamnesty.org.uk.