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The RCA commits to divesting from fossil fuel holdings

Key details

Date

  • 2 December 2022

Author

  • RCA

Read time

  • 1 minute

We are pleased to announce that the Royal College of Art is committing to divesting from its fossil fuel holdings by the end of 2022.

Responsible Investment

Our new Responsible Investment Policy details the approach that the College aims to follow in considering environmental, social and governance issues with regards to its investments. The Policy has been developed with the intention of actively promoting investment in companies and investment funds which demonstrate policies and practices that are in line with the College’s values as a socially responsible institution. As part of this, the RCA commits to divest from fossil fuel funds by the end of 2022, thereby ensuring all investments are in funds with a fossil fuel exclusion policy.

Across the College, engagement in sustainable practice is a core thematic consideration. Whether explored through our engagement with global design initiatives such as the Grand Challenge and the Terra Carta Lab, through Students' Union societies such as SustainLab, staff initiatives such as our Green Futures Group or by individual students in their graduate showcase, it is clear that our community is dedicated to building a more sustainable world for all. Our dedication to divesting from fossil fuels helps bolster the RCA’s commitment to a sustainable future and the transition to a fair and just low carbon economy.

Our full policy can be found here.