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Margaret Thatcher’s old Oxford college divests from fossil fuels

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.

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“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.

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