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<p>Thank you, I've been waiting for some news!<br>
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<div class="moz-cite-prefix">On 27/10/2016 19:30, Charlotte Lee
wrote:<br>
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<p>Thought this might be of interest...<br>
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<div id="divRpF868962" style="direction: ltr;"><font
face="Tahoma" color="#000000" size="2"><b>From:</b>
<a class="moz-txt-link-abbreviated" href="mailto:staff-mgmt-supp-bounces@durham.ac.uk">staff-mgmt-supp-bounces@durham.ac.uk</a>
[<a class="moz-txt-link-abbreviated" href="mailto:staff-mgmt-supp-bounces@durham.ac.uk">staff-mgmt-supp-bounces@durham.ac.uk</a>] on behalf of
DIALOGUE A.C. [<a class="moz-txt-link-abbreviated" href="mailto:dialogue@durham.ac.uk">dialogue@durham.ac.uk</a>]<br>
<b>Sent:</b> 26 October 2016 10:12<br>
<b>To:</b> DIALOGUE A.C.<br>
<b>Subject:</b> [staff-mgmt-supp] Message from David
Cowling re: Divestment<br>
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<span style="font-size: 12pt;">Dear Colleagues,</span></p>
<p style="margin: 0cm 0cm 0pt; font-family:
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<span style="font-size: 12pt;"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
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<u><span style="font-size: 12pt;">The Commission
on Divestment from Fossil Fuels First
Statement</span></u></p>
<p style="margin: 0cm 0cm 0pt; font-family:
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font-size: 11pt;">
<span style="font-size: 12pt;"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
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<span style="font-size: 12pt;">The Commission
today makes its first statement regarding
representations made by Durham Students’ Union
to the University Executive Committee (UEC)
regarding the University’s investments in the
fossil fuel industry. UEC recognises and
welcomes the engagement of the Students’ Union
with this important issue. On the 19<sup>th</sup>
July 2016, a Commission was announced which will
form an opinion and make a recommendation to UEC
regarding the question of investment in the
fossil fuel industry and the financial
consequences of divestment for the University
and its ability to fulfil its charitable and
strategic objectives.
</span></p>
<p style="margin: 0cm 0cm 0pt; font-family:
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<span style="font-size: 12pt;"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
font-size: 11pt;">
<span style="font-size: 12pt;">Following
consultation with Durham Students’ Union on the
scope of its resolution, in particular the
definition of what is meant by “the fossil fuel
industry”, the Commission will be considering
the matter of divestment from companies “that
participate in the extraction of fossil fuel
reserves”.</span></p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
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<span style="font-size: 12pt;"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
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<span style="font-size: 12pt;">The issue at hand
is broad, complex and multifaceted involving
many different University departments and
activities. Engagement on this issue therefore
needs to consider the interests of relevant
stakeholders across the whole of the University.
To inform the Commission’s work, we would now
like to canvas the opinions of University staff,
students and alumni by requesting evidence and
opinions from relevant bodies in the University
and inviting, through the publication of this
statement, interested parties to submit evidence
or views on the questions set out below.</span></p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
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<span style="font-size: 12pt;"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
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<span style="color: black; font-size: 12pt;">We
are also interested in evidence and views on
ways in which the University, as a catalyst for
change, can engage in the debate about climate
change.
</span></p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
font-size: 11pt;">
<span style="color: black; font-size: 12pt;"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
font-size: 11pt;">
<span style="color: black; font-size: 12pt;">Group
responses (e.g. departmental/research groups
<i>etc</i>.) are welcome as are individual
responses. The Commission will review the
robustly analysed submissions at its next
meeting and will publish a summary of views on
its website. Submissions will inform the report
and recommendation to UEC, which will also be
published.</span></p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
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<span style="font-size: 12pt;"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
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<span style="color: rgb(112, 48, 160); font-size:
12pt;">Durham University currently has no direct
investment holdings in fossil fuel companies.
Its investments are held in funds administered
by investment management companies.
</span></p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
font-size: 11pt;">
<span style="color: rgb(112, 48, 160); font-size:
12pt;">Q1. Do you believe that Durham University
should divest from companies involved in fossil
fuel extraction? Please provide reasons for your
response.</span></p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
font-size: 11pt;">
<span style="color: rgb(112, 48, 160); font-size:
12pt;">Q2. Do you believe Durham University
should invest in companies involved in fossil
fuel extraction if they are also involved in
renewable and green technologies? Please provide
reasons for your response.</span></p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
font-size: 11pt;">
<span style="color: rgb(112, 48, 160); font-size:
12pt;"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
font-size: 11pt;">
<span style="font-size: 12pt;">Interested parties
can submit their views by an anonymous web form
at
</span><a moz-do-not-send="true" id="LPlnk937411"
style="color: blue; text-decoration: underline;"
href="https://www.dur.ac.uk/divestment/"
target="_blank" previewremoved="true"><span
style="font-size: 12pt;">https://www.dur.ac.uk/divestment/</span></a><span
style="font-size: 12pt;"> or by emailing </span><a
moz-do-not-send="true" style="color: blue;
text-decoration: underline;"
href="mailto:durham.divestment@durham.ac.uk"
target="_blank"><span style="font-size: 12pt;">durham.divestment@durham.ac.uk</span></a><span
style="font-size: 12pt;">
</span></p>
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<a moz-do-not-send="true"
id="LPUrlAnchor_14775930060410.6745374807839614"
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href="https://www.dur.ac.uk/divestment/"
target="_blank">Consultation on the
divestment of Fossil Fuels - Durham
...</a></div>
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<a class="moz-txt-link-abbreviated" href="http://www.dur.ac.uk">www.dur.ac.uk</a></div>
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Durham University’s governing Council
has agreed that a Commission is to be
established by the University Executive
Committee (UEC) to review the issue of
...</div>
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<p style="margin: 0cm 0cm 0pt; font-family:
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<span style="color: rgb(31, 73, 125);"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
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<span style="font-size: 12pt;">The consultation
will close on the 31<sup>st</sup> December 2016.</span></p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
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<span style="font-size: 12pt;"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
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<span style="color: black;">Best wishes, </span></p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
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<span style="color: black;"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
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<span style="color: black;"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
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<b><span style="color: black;">Professor David
Cowling</span></b></p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
font-size: 11pt;">
<b><span style="color: black;">UEC Lead on
Divestment and Pro-Vice-Chancellor (Arts and
Humanities)</span></b></p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
font-size: 11pt;">
<span style="color: rgb(31, 73, 125);"></span> </p>
<p style="margin: 0cm 0cm 0pt; font-family:
"Calibri","sans-serif";
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<span style="color: rgb(31, 73, 125);">-----------------------------------------------------------------------------------------------</span></p>
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<pre wrap="">_______________________________________________
DurhamDivest mailing list
<a class="moz-txt-link-abbreviated" href="mailto:DurhamDivest@lists.aktivix.org">DurhamDivest@lists.aktivix.org</a>
<a class="moz-txt-link-freetext" href="https://lists.aktivix.org/mailman/listinfo/durhamdivest">https://lists.aktivix.org/mailman/listinfo/durhamdivest</a>
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