Idea

Implement an MDXSU Ethical Funding Policy

by Rebecca Torrie 12 January 2021, 16:23

Category: Students Union

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MDXSU to implement an ethical Funding Policy stating the following 

MDXSU will not invest financially, through objects or through any other means, in any; company, organisation, or person that directly or indirectly invests in, engages in, or promotes activities that enact the following; abuses human rights, the equality act, or generally engages or ethical treatment of humans or animals, detrimentally affect the environment or contributes to climate change.

MDXSU will not receive sponsorship or investment either financially, through objects or any other means, in any; company, organisation, or person that directly or indirectly invests in, engages in, or promotes activities that enact the following; abuses human rights, the equality act, or generally engages or ethical treatment of humans or animals, detrimentally affect the environment or contributes to climate change.

MDXSU will not promote through, advertisement or word of mouth as an organisation company or person that directly or indirectly invests in, engages in, or promotes activities that enact the following; abuses human rights, the equality act, or generally engages or ethical treatment of humans or animals, detrimentally affect the environment or contributes to climate change.

MDXSU will hence forth from the date of signing this document remove or stop any; investment, promotion and will stop any further funds being received from organisations companies or persons that directly or indirectly invest in, engages in, or promotes activities that enact the following; abuses human rights, the equality act, or generally engages or ethical treatment of humans or animals, detrimentally affect the environment or contributes to climate change.

Where this is not immediately possible MDXSU will take steps to stop investments, receiving sponsorship, or promotion of any company, organisation, or person that violates the above terms of the MDXSU Ethical funding policy.

This policy will be reviewed annually and amendments made where appropriate.

This policy will only be changed if a majority vote is passed by MDXSU’s board of Trustees.

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Please note: As this policy has financial and/or reputational impacts the policy will require Trustee board approval and amendment before becoming Union policy. The process for Union Trustee Board approval will take place once/if the policy completes the required democratic processes. 

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