Shares in the arms and tobacco industry
Sarah Woolley made this Freedom of Information request to Exeter College, Oxford
This request has been closed to new correspondence. Contact us if you think it should be reopened.
Dear Exeter College, 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.
Dear Petronella Spivey,
Looking forward to your reply no later than 20 July 2020. Do let me know if there is any clarification needed.
Dear Sarah Woolley
Thank you for your FOI request received on 19th June 2020. I apologise for the delay in acknowledging this: I have been on annual leave.
Your request is being dealt with under the terms of the Freedom of Information Act 2000 and will be answered within twenty working days.
When we have reviewed the contents, we may be in touch to ask for further clarification.
Dear Sarah Woolley
Please find a reply attached.
Phone: 01865 287164
My core hours of work are Monday to Thursday, 8:30-3:30.
2. mailto:[email address]
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