ALL eight Welsh universities have now cut ties with the fossil fuel industry, following a landmark decision by the University of South Wales (USW). This move cements Wales as a leader in the global push for ethical investment in education.
USW’s announcement to exclude fossil fuel companies from its investment portfolio makes it the final Welsh institution to join the initiative. The university has also pledged to divest from companies involved in border security, detention, surveillance, and migrant deportation, setting a benchmark for ethical practices.
A major milestone
This development is part of a wider trend, with over 75% of UK universities now divesting from fossil fuels, according to student-led environmental justice network People & Planet.
Laura Clayson, Campaign Manager for Climate Justice at People & Planet, praised the decision:
“This news is incredibly significant, particularly for a nation where fossil fuels have played a major role in shaping its history and landscape. It stands as an act of solidarity with frontline communities globally and in Wales, such as those affected by the now-closed Ffos-y-Fran open cast coal mine.”
Student-led change
Students have been at the forefront of this shift, securing 116 victories through the Fossil Free campaign and six in the Divest Borders campaign. These successes underscore the link between climate justice, social justice, and institutional responsibility.
André Dallas, Co-Director of Migrant Justice at People & Planet, applauded Welsh universities’ leadership:
“Students are clear that universities must stand for justice and progress, not only in their prospectuses but in their policies. Wales has turned its back on the fossil fuel industry—an extraordinary achievement.”
Sustainability commitment
Rachel Elias-Lee, Chief Finance Officer at USW, emphasized the university’s commitment to a sustainable future:
“Our Ethical Investment Policy ensures we avoid investments in fossil fuels, arms, tobacco, and unethical industries. We are dedicated to achieving Net Zero Carbon by 2040, supporting renewable energy, and driving a low-carbon, sustainable future for all.”
This move reflects growing societal pressure for institutions to align their investments with principles of sustainability and justice.
A UK-wide shift
The divestment aligns with a broader UK movement, as universities increasingly take responsibility for tackling climate change and social injustice. Navid Sharif, Vice-President Activities at USW Students’ Union, highlighted the significance of the announcement:
“This milestone showcases what can be achieved when institutions listen to their communities. USW is leading the way, and we hope this inspires further progress across Wales and beyond.”
Ethical investment: the future
With campaigns like Fossil Free and Divest Borders achieving success, the focus now shifts to sustaining momentum and encouraging other sectors to adopt similar measures. Welsh universities have shown that ethical investment is both achievable and crucial in addressing global challenges.
