From 1 January 2009 UCL will adopt its ethical investment policy.
Click here for the full text of the policy.
This is an amazing victory for the Disarm UCL campaign ! For just over two years we have been campaigning for this policy. Our concerns and opinions were initially dismissed by the Provost but now they have been heard and the ethical investment policy will come into effect on 1 January.
This is a HUGE, HUGE thank you to everyone who helped to make this campaign a success. Your support, hard work and dedication has paid off big time. You should all be very proud of yourselves ! We also hope our victory can inspire campaigners at other universities and shows that students really can make a difference.
Of course there are ways we feel the ethical investment policy can be improved and we will
keep campaigning to improve the policy and make sure that UCL will contribute more profoundly to positive change through its investments. We will also continue to call for equal student representation and - FIRST AND FOREMOST - we will make sure UCL does actually sell its shares in arms trader Cobham plc. For more detailed criticism of the policy please click
here for the latest article in the Cheesegrater.
Please check this blog in future. We will post more details about the ethical investment policy and about the Cobham shares as soon as we know them.
In the meantime: GO OUT AND CELEBRATE !