Ethical Investment Policy
The Ethical Investment Policy
was approved by the Investment Sub committee and Director of Finance on June, 2014.
Want to engage with the Univerity's investment approach?
The University’s Investment Subcommittee will formally consider representations in relation to the ethical standing of any University investment.
The University’s Sustainable Procurement and Fairtrade Working Group is an ideal forum for discussion of any investment, prior to formal representation, and helps to ensure the representation is in the correct format to progress to Committee.
The Sustainable Procurement and Fairtrade Working Group – which includes Ethical Investment as a standard agenda item - meets termly. The working group reports on progress against the objectives of the Ethical investment policy. For further details and to attend the next meeting please contact Dr Heidi Smith on firstname.lastname@example.org.
For progress and minutes from the last University Sustainable Procurement and Fairtrade Working Group, please click: Sustainable Procurement and Fairtrade Working Group Minutes 2017
Fairtrade is about better prices, decent working conditions, local sustainability and fair terms of trade for farmers and workers in the developing world.
Swansea University was the first in Wales to achieve Fairtrade status. The University's Campus Catering division has a strong commitment to sustainability, Fairtrade, and to local purchasing.
The University's Fairtrade Steering Group monitors Fairtrade practices on campus and takes a lead in planning activities related to the annual Fairtrade Fortnight. There is a wide range of Fairtrade products available on campus, from fruit juices and coffee to confectionary and wine. Our in-house clothing store stocks a wide range of Fairtrade and ethically sourced University apparel. In addition, our Sustainable Procurement Policy
commits the University to purchasing Fairtrade cotton for uniforms or clothing wherever practicable.
We support the Swansea Fairtrade Forum - Founded in September 2002, the Swansea Fairtrade Forum is a network of local groups, businesses and individuals committed to the principles of Fairtrade.
Worker's Rights Consortium
Swansea University is officially affiliated to the Worker Rights Consortium (WRC).
The WRC is an independent, non-political labour rights monitoring organisation, which collaborates with workers, non-governmental organisations, and other universities and colleges, to improve the conditions of workers in the garment industry.
By affiliating with the WRC, the University agrees to adopt a code of conduct to consider issues such as wages, hours of work, overtime compensation, freedom of association, workplace safety and health, women’s rights, child and forced labour, harassment and abuse in the workplace and non-discrimination.
Swansea University is using the code of conduct, within public procurement law, to help its procurement specialists to engage with supply chains through disclosure of garment factory locations from all University garment suppliers, contractors and sub-contractors, to share with the WRC. Where the University is in a consortium, we endeavour to get information from collaborators or suppliers. Our Sustainable Procurement Policy
helps us to embed issue of Worker's Rights and clothing supplies into our tendering processes.
Swansea University was the first Welsh organisation to affiliate to Electronics Watch.
Electronics Watch is an independent monitoring organisation that helps public sector buyers work together to ensure respect for labour rights and safety standards in factories that make the ICT hardware they buy. By operating on an affiliations basis, Electronics Watch allows public buyers to share the cost of monitoring suppliers with the whole network of affiliates and coordinate industry engagement. As an affiliate to Electronics Watch, we maximise impact while lowering cost, benefitting more workers in our electronics supply chain than we could reach on our own.
Electronics Watch operates as the “eyes and ears” on the ground for affiliates, working with a global network of qualified civil society monitors to detect, report, and address labour rights and safety problems in factories promptly and effectively. The Electronics Watch monitoring methodology helps us to become aware of possible labour rights and safety breaches in our supply chain, contribute to solutions, and use our procurement dynamically in accordance with our values as a university. Over the long term, Electronics Watch is helping Swansea University to contribute to more dignified workplaces in the electronics industry where workers have a strong voice and can help shape sustainable improvements.
Sustainable Healthy Food
Working in partnership with Campus Catering we strive to produce fresh, healthy and sustainable food you can trust, using environmentally responsible, ethically sourced and local ingredients.
We aim to integrate health, wellbeing and sustainability criteria into our catering, through our Swansea University's Sustainable Healthy Food Policy
The policy covers all food served by Campus Catering, both at its outlets and for events.
Swansea University has implemented the comprehensive Soil Association Food for Life framework for continual improvement in sustainable food and catering and is regularly audited by the Soil Association who have verified Food for Life - Bronze Catering offerings at the following:
Swansea University's Sustainable Healthy Food Policy
commits to an increasing Food for Life offering on University catered outlets’ menus obtaining higher award levels.
More about the Food for Life Catering Mark
The Food for Life Catering Mark is a widely-respected and evidence-based scheme, governed by an independent standards committee, which certifies over 170 million meals a year. The Catering Mark incorporates and provides an independent audit framework for a comprehensive set of evidence-based sustainability standards and assurance schemes including Red Tractor, LEAF, Fair Trade, RSPCA Freedom Food, Marine Conservation Society ‘fish to avoid’, Marine Stewardship Council and organic.
The award is run and independently assessed by the Soil Association, the UK’s leading membership charity campaigning for healthy, humane and sustainable food, farming and land use. The awards progress from Bronze to Silver to Gold and can be applied to a selection or all of a university’s catering outlets (Source People and Planet Green League Sustainable Food 2016).
The University includes sustainability, health and wellbeing requirements in catering tender specifications for food supplies.
The University Sustainable Healthy Food Policy and Sustainable Procurement Policy
outline the University’s requirements.
We follow TUCO sustainability and environmental guidelines, working closely with suppliers and contractors to ensure we minimise our environmental impact, promote animal welfare and contribute to the local economy and community as much as possible and we strive to ensure that smaller, local suppliers are not discriminated against through our procurement processes.
We work closely with University-based, volunteer-led charity Discovery to find new and innovative ways of working with the local community and to reduce waste by redistributing surplus food. Each year we showcase the very best seasonal and local produce via our annual Welcome to Wales Food Festival. We have located herb planters on the balcony of Fulton House and provide free drinking water in all food and beverage outlets at both our campuses. We also ensure all our waste is handled in a sustainable manner.
Through membership to the following organisations Swansea University ensures specific sustainability and health requirements are incorporated into our procurement of catered goods:
Swansea University holds full membership of the TUCO (The University Caterers Organisation).
Swansea University holds full membership of TUCO (The University Caterers Organisation).
We are committed to advancing the learning and development of catering and hospitality teams and work to provide quality standards, advice and information to those working in the sector.
TUCO is committed to driving the health and wellbeing agenda on behalf of its members and is at the fore of sustainability best practice.
We are proud to source MSC fish within our menus at Campus Catering, supporting more sustainable fishing and safeguarding future seafood supplies.
Swansea University's Sustainable Healthy Food Policy
sets out targets for increasing this MSC offering across campus catering menus.
We are committed to reducing waste generated through more efficient and novel catering practices working with the University’s Sustainability Team.
- #WasteFreeWednesdays – Every Wednesday Campus Catering is doing their bit to help reduce food waste in Swansea. Using surplus food from supermarkets across the city, the Campus Catering team will be cooking up a feast for all to enjoy in Fusion Café in Fulton House.
- We offer a 25p discount to encourage use of reusable cups – since launching in Nov 2016 this has accounted for >11,452 disposable cups avoided (Figure produced June 2017)
- We have separate bins for disposable cups and we are currently working with a local recycling company (Natural UK Ltd) investigating the possibility of recycling our disposable cups.
- Cooking oil is recycled
- Food waste is composted
- Food packaging is recycled
- All of our food outlets have segregation at source recycling bins
We have a popular polytunnel on campus where staff and students grow their own fruit and vegetables.
Campus Catering also use herbs from dedicated planters on campus to add locally grown flavour!
We were the first Bee Friendly university in Wales – (Link). This Welsh Government scheme is working to reverse the decline in not just honey bees and bumblebees, but all pollinating insects, and awards Bee Friendly status to organisations that can show that they are working to provide homes and food sources for pollinators, as well as promoting the work they are doing with the wider community. Our on-campus growing relies on the services of pollinators and provides them with nectar and pollen in return. University staff also run bee hives on both our campuses.
We are Vegetarian Society Approved
The University's Catering Services provides a range of different outlets, each themed to present a specific type of food or a distinctive setting. A choice of vegetarian food is available at every outlet. As well as catering for students, the University is a popular venue for weddings, conferences, dinners and other events. Vegetarian Society certificate
In 2011 Swansea University was awarded The Good Egg Award. The award underpins Swansea University’s intent to support the improvement of animal welfare and ethical procurement
We support improvement of animal welfare by ensuring that our meat suppliers, wherever possible, are Red Tractor certified, this now applies to all our fresh chicken purchased.