Dudley has been criticised after telling an industry conference: “We donate and do lots of research at UK so I hope they come to their senses on this”. Cambridge has previously rejected calls to divest from fossil fuel companies, arguing it is better to engage with them. His comments come a week after the launch of Cambridge ’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 ( 6.2bn ) investment in fossil fuels. Such investments form part of Cambridge ’s £ $526m endowment fund, which is the largest of any UK university.
Dudley has been criticised after telling an industry conference: “We donate and do lots of research at UK so I hope they come to their senses on this”. His comments come a week after the launch of Cambridge ’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 ( 6.2bn ) investment in fossil fuels. Such investments form part of Cambridge ’s £ $526m endowment fund, which is the largest of any UK university.