< News

Tell your university: Put fossil fuel-funding banks on notice

Nat Gorodnitski
February 16, 2024

Did you know that all UK universities have accounts with banks that fund fossil fuels expansion? 

This is because currently, there is no bank that can both meet all of a university’s financial needs and does not fund fossil fuel expansion.

Cambridge University has a solution: They’re leading a coalition of 21 universities that have sent a formal request to financial institutions for proposals which meet two key criteria:

A financial provider that can:

  • Meet all of a university's' financial service needs
  • Does not provide financing for fossil fuel expansion

The SOS-UK Ethical Finance team has produced a template e-mail for use by students and staff at universities who have yet to join this coalition to send to their chief financial manager to request they join the initiative. You can find the template and a step-by-step guide on how to use it  below, along with the list of universities and associated organisations that are part of the coalition. 

Read more about the coalition and their request for proposals in the Financial Times and the University of Cambridge’s dedicated webpage

Ask your university to join the coalition calling for a bank that doesn’t fund fossil fuel expansion: Step by step guide

  1. Check that your university is not one of the existing signatories below.
  2. Download the template here
  3. Use a search engine to find your university’s “Chief Financial Officer” - The name for this role may be different at your university - you’re looking for the senior-most financial manager at your university. Their information should be listed alongside other senior figures such as the university’s Principal/Vice Chancellor. If you have any issues with finding the relevant contact information, please email us at  at hello@sos-uk.org with “Ethical finance team” in the subject.  
  4. Edit the highlighted sections in the template
  5. Copy and paste the template into the body of an email for the chief financial officer, with the subject “Cambridge Coalition”

List of universities from the Cambridge University website, current as of 15 February:

​Bath Spa University

Manchester Metropolitan University

Oxford Brookes University

University College London (UCL)

University of Bristol

University of Cambridge

University of Cambridge colleges:

  • Christ's College, Cambridge
  • Churchill College, Cambridge
  • Clare College, Cambridge
  • Clare Hall College, Cambridge
  • Corpus Christi College, Cambridge
  • Darwin College, Cambridge
  • Downing College, Cambridge
  • Emmanuel College, Cambridge
  • Fitzwilliam College, Cambridge
  • Girton College, Cambridge
  • Gonville and Caius College, Cambridge
  • Hughes Hall, Cambridge
  • Jesus College, Cambridge
  • King's College, Cambridge
  • London School of Economics​​ Lucy Cavendish College, Cambridge
  • Magdalene College, Cambridge
  • Newnham College, Cambridge
  • Pembroke College, Cambridge
  • Peterhouse, Cambridge
  • Queens' College, Cambridge
  • Robinson College, Cambridge
  • Selwyn College, Cambridge
  • Sidney Sussex College, Cambridge
  • St Catharine's College, Cambridge
  • St Edmund’s College, Cambridge
  • St John’s College, Cambridge
  • The Isaac Newton Trust, Cambridge
  • The Queen's College, Oxford ​Trinity College, Cambridge
  • Wolfson College, Cambridge

University of Dundee

University of Edinburgh

University of Exeter

University of Gloucestershire

University of Leeds

University of Manchester

University of Oxford

University of Oxford colleges:

  • Brasenose College, Oxford
  • Corpus Christi College, Oxford
  • Merton College, Oxford
  • St Antony's College, Oxford
  • St Edmund Hall, Oxford
  • Worcester College, Oxford​

University of Reading

University of Southampton

University of St Andrews

University of Sussex

University of the Arts London

University of Westminster

University of York

Signatories from associated organisations: 

Cambridge University Press & Assessment

JISC

The Gates Cambridge Trust