Skip to content or view screen version

Stop Exeter Uni's investment in the arms trade!

Ms Anne Thropy | 22.01.2009 14:51 | Anti-militarism | Education | Palestine

In October 2005 a survey by Campaign Against the Arms Trade found that Exeter uni had the 7th highest number of shares in the arms trade for a UK university. In 2008 they refused to give figures for the survey – if they don’t still have shares in the arms trade it would have been ridiculous for them to do this!

Please e-mail Caroline Dominey, Freedom of Information Officer at  dataprotection@ex.ac.uk, and Jeremy Lindley, Director of Finance at  J.C.Lindley@exeter.ac.uk to register your concerns. When requesting information under the Freedom of Information Act, they have to reply within 20 days.

Example letter:

Dear

I am writing to request information under the Freedom of Information Act on the investments Exeter university holds in the arms trade (specifically BAE Systems, Rolls Royce, GKN, Smiths Group, Cobham, VT Group, General Dynamics, General Electric, Halliburton, L3 Communications, Northrup Grumman and Raytheon). Please send me a portfolio statement for the fund(s) our university has investments in. If you do not have a copy of this, please send me a list of the names of the fund(s) and the corresponding management companies. If the university's investments are held in a pooled fund or a variety of these funds please could you provide me with recent, dated, lists of the underlying shares that the fund(s) invests in. Please also confirm if any shares are held in the above companies as part of a pension fund or endowment, either directly or indirectly through an externally managed fund.

I would wholeheartedly encourage the university to adopt an ethical investment policy that excludes the arms trade, and would appreciate it if you could tell me if this is something that the university is planning to do.

Yours sincerely,


Additionally, a group of Exeter and Falmouth students based at Tremough Campus in Falmouth are hoping to get in touch with students who have led a similar campaign at the main campus in Exeter.

Ms Anne Thropy
- e-mail: Rainbow_fnord@hotmail.co.uk