Move to exclude fossil fuel firms from investment portfolios follows years of campaigning by staff and students

The student campaign group People & Planet announced on Friday that 115 out of 149 UK universities had publicly committed to divest from fossil fuels – meaning £17.7bn-worth of endowments are now out of reach of the fossil fuel industry.

Later this month, the group will group will unveil its latest university league table that ranks institutions by their ethical and environmental performance. Campaigners say they will then increase pressure on the remaining 34 UK universities yet to go fossil-free.