Three Divestments Put Copenhagen’s Investment Rules in Focus
A student council paper traces the difference between selling holdings and changing how future investments are screened.
A University of Copenhagen Student Council submission to the board records that the university decided on May 28, 2024, to withdraw investments from three companies on a UN list of businesses with activities in Israeli settlements. The council argued that the decision did not prevent investments in other listed companies in the future.
The submission discussed an earlier Deloitte note and proposed changes to external screening, investment policy and the choice of managers. Those proposals reflect the council’s analysis. They identify the records needed to assess what changed over time, including the investment policy and successive lists of holdings.