The Stockholm University Board decided at its meeting on 15 February 2016 that it no longer allows trust management investments in fossil fuels.
Vice-Chancellor Astrid Söderbergh Widding believes that it is an obvious choice not to invest in fossil fuels.
“Sustainable development is a key issue both in education and research at Stockholm University. As of one of very few environmentally certified institutions, we engage in environmental work in many areas. The decision to divest is a natural step in this work. Today, it is possible to make fossil free investments without compromising the overall objective of the trust management, i.e. to generate returns that can be used in education and research, says Astrid Söderbergh Widding.
“The transition to fossil-free investments begins immediately after today’s decision”, the Vice-Chancellor concludes.