MARGARET Thatcher’s old Oxford college has committed to fully divest their endowment fund from fossil fuels by July.
Somerville College’s £100 million funding will now be invested in new green projects.
In a statement on their website, the college said: “We aim to fully divest from fossil fuels by July 2021.
ALSO READ: Warning over new Royal Mail scam sweeping the county
“We have already divested from £400,000 of investments in coal, and from a significant proportion of our holdings in oil and gas companies.”
The college also announced that it aims to be carbon neutral by 2050 at the latest.
Keep up to date with all the latest news on our website, or follow us on Facebook, Twitter and Instagram.
For news updates straight to your inbox, sign up to our newsletter here.
Have you got a story for us? Contact our newsdesk on news@nqo.com or 01865 425 445.