Yesterday we received the following information from Jim Hunkin, who was present at the UCL Council meeting as Acting Finance and Administration Officer of UCL Student Union.
"The proposal that UCL has an ethical investment policy was indeed discussed at the UCL Council meeting yesterday. The committee took the view that the investment policy was a very complicated issue and thus decided that there needs to be more consideration before a decision can be reached. That’s pretty much what they agreed!"
The Disarm UCL campaign calls on UCL Council to adopt an ethical investment policy swilftly and give students and alumni a formal consultative role in the process.
WE ALSO CALL ON UCL COUNCIL TO DITCH THE ARMS SHARES IMMIDIATELY !
Since the UCL Council meeting Jim Hunkin has been suspended by the UCL Union Sabbatical Officers, following a motion of no confidence.