Bob Dudley has been criticised after telling an industry conference : “ We do and do lots of research at Cambridge so I hope they come to their senses on this ” . His comments came a day after the launch of BP ’s climate change strategy , which includes plans to cap the company ’s carbon emissions and expand its involvement in clean energy . Cambridge is facing increased pressure from academics to abandon its estimated £ 377 ##m ( $ 526 m ) investment in fossil fuels . Such investments form part of Cambridge ’s £ 6.2bn endowment fund , which is the largest of any UK university .
Bob Dudley has been criticised after telling an industry conference: “We donate and do lots of research at Cambridge so I hope they come to their senses on this”. His comments come a week after the launch of BP’s climate change strategy, which includes plans to cap the company’s carbon emissions and expand its involvement in clean energy. Cambridge is facing increased pressure from academics to abandon its estimated £377m ($526m) investment in fossil fuels. Such investments form part of Cambridge’s £6.2bn endowment fund, which is the largest of any UK university.