London School of Hygiene and Tropical Medicine has cut its ties with coal companies, selling off £16 million of investments.
It is the fourth university in the UK and the fifth in Europe to pull its funds out of fossil fuels in the past eight months. This decision comes after a six month campaign called Fossil Free made by a student group which talks about the dangers of climate change.
Andrew Taylor, Fossil Free Campaign Manager at People & Planet said: “Doctors and health experts at LSHTM understand the threat that climate change poses as a global health emergency and the role that fossil fuel companies play in driving it.”
UK universities invested £5.2 billion in fossil fuels. The University of Oxford financed the largest fund of any university in the country with £3.8 billion.