Article 4835R BP and BHP offered Cambridge University millions despite calls to divest

BP and BHP offered Cambridge University millions despite calls to divest

by
Matthew Taylor
from Environment | The Guardian on (#4835R)

Investments not the only financial link between fossil fuels and elite university

Cambridge University had been offered two new multimillion pound donations from global fossil fuel corporations as it considered calls made last year to divest its endowment fund from oil and gas companies.

Documents seen by the Guardian show the university management was aware of a proposed 20m donation offered by BHP - subsequently withdrawn - and 2m from BP, as it considered whether to fully divest its fortune from fossil fuels.

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