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Colleges & University > Oriel College > Oriel using FTSE4Good

Oriel using FTSE4Good

Oriel have adopted the FTSE4Good index, and have instructed their fund managers to only invest in companies contained in the FTSE4Good lists.


This has resulted in divestment from 2 tobacco companies and 1 extraction firm.


A fourth company is currently being investigated - on the basis that its non-inclusion in the list appears to be the product of non-completion of paperwork, rather than any particular ethical concern about its activities.


Whilst the FTSE4Good is only a very light green index, still including some Arms Companies, pharmacuticals and others - this is a positive step from Oriel.


Updates will be fed back to the JCR at their next meeting to see what further action the JCR want to explore.

Posted on 09/06/05 by admin

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