New investment policy will end the endowment fund’s exposure to tar sands and thermal coal, and channel 15% of its £175m into greener alternatives
King’s College London has endorsed a plan that would sink millions of its £179m endowment into clean energy, and drop investments in the most polluting fossil fuels.
Archbishop Desmond Tutu, a King’s alumni, has previously intervened in the university’s refusal to divest from fossil fuels after a campaign by students.