The Ethics for USS campaign (which UCU supports nationally) has been campaigning for some years for UCU to take account of its members’ views when deciding its investment policy (e.g. whether to have a policy of divesting from tobacco, landmines and fossil fuels).
USS members paying into the Defined Contribution section are able to choose to invest ethically (the USS ethical funds have performed very well in comparison with the default funds) but the vast majority of USS investments – including the Defined Benefit Scheme funds – do not currently take an ethical approach.
USS has now launched a short member survey to help it to understand members’ views on Sustainable Investment. We would encourage all our members to complete the survey
Paul Rock, Environmental Officer