Dear Blackfriars Hall, Oxford,
I am writing to request information on the financial relationships the college holds with the arms and tobacco trade (specifically, but not limited to:
- BAE Systems
- Smiths Group
- VT Group
- United Technologies
- Airbus SE
- Lockheed Martin
- Caterpillar Inc,
- General Dynamics
- Northrop Grumman
- Raytheon, Textron and Thales Group
- L3 communications
- Philip Morris
- British American Tobacco
- Imperial Brands
Please include the following information:
1) A portfolio statement for the fund(s) the college has investments in. If you do not have a copy of this, please send me a list of the names of the fund(s) and the corresponding management companies. Details should be broken down, year-by-year for the last five financial years.
2) Please also confirm if any shares are held in arms trade companies as part of a pension fund or endowment, either directly or indirectly through an externally managed fund. Details should be broken down, year-by-year for the last five financial years.
I would wholeheartedly encourage the university to adopt an ethical investment policy that excludes the arms trade, and would appreciate it if you could tell me if this is something that the university is working towards.
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