Oxford university has come under heavy criticism after its £6bn endowment fund increased its investment in fossil fuels just a few years after making a landmark commitment to divestment.
About £1 out of every £200 of the fund is now invested in fossil fuels.
Antonia Coad, head of sustainability and corporate affairs at Oxford University Endowment Management, which oversees the endowment fund, said the fund has “fully implemented” the university’s divestment commitments.