ANU investment policy draws fire

By The Canberra Times
Updated April 23 2018 - 9:31pm, first published October 7 2014 - 12:23pm

It's not easy being green. Just ask vice-chancellor Ian Young, who has been condemned in business and political circles for the Australian National University's decision to liquidate its investment holdings in seven resource and mining companies. The firms were found not to conform to the provisions of the university's socially responsible investment policy, which aims to "avoid investment opportunities considered to be likely to cause substantial social injury, and positively promote investment in securities, companies, trusts, and other entities that support socially beneficial outcomes".

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