USS announces divestment from weapons, coal, and tobacco

Hope William-Smith
clock • 4 min read

Universities Superannuation Scheme (USS) will divest from tobacco, coal, and controversial weapons manufacturers following “years of demand” from members and recent protests on its overall commitment to climate action.

USS - the UK's largest pension scheme with £68bn in assets - will pull its funds in tobacco manufacturing and in thermal coal mining, specifically where this makes up more than 25% of revenues. ...

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