Cambridge University has an Endowment of £2.2 billion. It invests this money, and uses the returns to cover parts of the university running costs. The current Statement of Investment Responsibility, which was created in response to student pressure in 2008/9, fails to commit to a binding ethical investment policy.
In addition to the £2.2bn of the University, the constituent colleges hold a total of over £2.8bn in their separate endowment funds. Positive Investment Cambridge campaigns to align the investment strategy of these funds with social and environmental criteria. The Colleges are very likely to respond to student pressure – here’s a good place to start your involvement with PIC.
PIC participants are currently engaging with one of the pension schemes available to University of Cambridge staff.