environmental, social and governance (ESG) factors
Coverage of environmental, social and governance (ESG) factors in the Nexus archive.
- Birmingham University accused of weakening restrictions on investing in arms companies
The University of Birmingham is accused of weakening its restrictions on investing in arms companies by replacing a policy that aimed to minimize such investments with new 'investment principles' focusing on financially material ESG factors. The updated policy, adopted in 2022, requires considering ESG issues but removes specific exclusion criteria for companies involved in weapons systems, cluster munitions, and anti-personnel landmines.
- Birmingham University weakens restrictions on investing in arms companies
The University of Birmingham has weakened its restrictions on investing in arms companies by replacing a policy that excluded weapons, tobacco, and alcohol with weaker 'investment principles' focused on 'financially material' ESG factors. This makes it the first British university to loosen such restrictions amid Israel's actions in Gaza.