Key facts
- Cambridge University's investment body has reportedly shelved a plan to divest from weapons companies.
- The original plan included a zero percent threshold for arms investments.
- This threshold was intended to trigger divestment discussions.
- A new plan has replaced the original proposal.
- The new plan does not require a reduction in exposure to arms companies.
- The decision to shelve the plan was made quietly.
Cambridge University's investment body has reportedly decided against divesting from companies involved in weapons manufacturing. The university's investment office was previously considering a plan that would have set a zero percent threshold for investments in arms companies. This threshold was intended to trigger discussions and potential divestment from such entities. However, the investment body has now reportedly shelved this plan. A new strategy has been put in place that does not include the zero percent threshold. Consequently, the university is no longer required to reduce its exposure to arms companies under this revised approach. The decision to backtrack on the divestment plan was made quietly by the university's investment body.