NTSU Investment Policy
This news article outlines our response to a student-submitted Big Idea, calling for ‘An Ethical Investment Policy for NTSU’
At our last Student Council Meeting we received a Big Idea regarding how as a Union we invest our money.
In summary this Big Idea asked that NTSU do not invest in any company that profit from unethical causes, for example oil companies, arms companies, companies profiting from human rights abuses or companies that promote addictive and harmful products.
The Big Idea asks us to ensure this policy is available on the NTSU website.
At NTSU we don’t currently have any investments (Note: pension investments are owned by individuals therefore a matter for individual colleagues who can choose ethical investment funds) however we completely agree with the principles behind the Big Idea which is why ethical investments are already written into our policies.
Our current Investment Policy sets out how we would manage any future investments to protect the charity’s resources in line with Charity Commission guidelines and our ethical approach. We don’t publish all our internal financial controls as they are designed to protect our resources and combat fraud. However, this doesn’t stop us from publishing sections of policies that are important and relevant to the students we serve.
Our current policy states;
“NTSU will not invest directly in funds that profit from tobacco, arms sales, pornography, fossil fuels or companies that profit from operating within repressive regimes.”
We review our controls on an annual basis and as part of this we will include an assessment of our ethical approach and this Big Idea.
