Policy of Divestment

Policy Adopted in: 2021

Last Updated in: 2022

Application

This is applicable to all stakeholders.

Purpose

To make a conscious choice to sell off or cut back on its holdings in particular sectors or assets for moral, social, or financial reasons.

Policy

Ethical concerns: GU chooses to disinvest from businesses or sectors of the economy that participate in immoral activities, such as the infringement of human rights, the destruction of the environment, or the breaching of labour laws.

Social responsibility: GU can use divestment as a means of bringing their investment portfolios into line with their guiding ideals, which include social justice, sustainability and community development.

Environmental concerns: Concerns over pollution, climate change, or the long-term viability of certain resources serve as driving forces behind the divestment from fossil fuels and other ecologically damaging businesses.

Financial considerations: Divestment is prompted by financial issues, such as subpar performance or the realization that some assets have long-term risks, such as changes in the market, regulations, or reputational harm.

Legal or regulatory requirements: Under some circumstances, such as when governments or international organizations impose sanctions on particular nations or companies, divestment may be mandated by law or regulation and GU respects such decisions.