Cambridge University might use its £2.4billion endowment fund to invest in energy efficiency measures for its buildings

Students, academics and staff from Positive Investment Cambridge (PIC) have been lobbying the university for four years to reconsider some of its investments, a news report in the local media has been able to reveal.

The university has an estimated £2.4billion endowment fund to invest every year – the biggest in Europe. Now, the university’s council voted to set up a new working group to investigate greener, more socially responsible investments.

Ellen Quigley from PIC said the move could “carry great weight” and praised the university for the “courageous step”.

She hopes the group can establish a fund to improve the energy efficiency of some of the oldest buildings at the 800 year-old university.

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