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Contribution Details

Type Other Publication
Scope Discipline-based scholarship
Title Engage or disengage? The divestment movement at Jesus College
Organization Unit
Authors
  • Marie von Bethmann
  • Pieter Daneel
  • Sophia Foroudastan
Language
  • English
How Published online
Date 2021
Abstract Text This case study is set in mid-November 2020. The setting is Jesus College, one of Cambridge University's oldest and most prominent colleges. The protagonist is the [unnamed] College Bursar, effectively the CFO, who reports to the College Council, its governance body. Among the Bursar's responsibilities is advising the Council on the management of the college's endowment fund of GBP178 million, 20% of which is invested in the centrally managed University Endowment Fund. There is growing pressure both within the college and the university to divest from both direct and indirect investments in energy companies engaged in fossil fuel extraction and supply. The Bursar has been tasked with providing guidance on the choices available to the college and the likely consequences which such choices would entail.
Official URL https://www.thecasecentre.org/products/view?id=179694
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