Lauren Sandeman14 February 2018
In today’s capitalist society, the dollar is the most influential tool at one’s disposal, and the University would rather use it to benefit financially from climate change than contribute to proper efforts to mitigate it.
The second consecutive year of student media being prohibited from the federal budget media lock-up has brought incredulous disbelief from student journalists and the shadow government, as well as criticism from the mainstream media.
The University of Melbourne released its Sustainable Investment Framework (SIF) on 28 March, outlining the University’s approach to sustainability in its investment portfolios and processes. The SIF established that the University will not be be adopting a ‘strict exclusion approach’ from investing in the fossil fuel industry, citing concerns around ‘financial strength’.
Student media has a proud history of refusing to accept the status quo, and we remain vital in our efforts to refute the political narrative.
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