Microsoft Word - IChemE Letter.docx

Scientists for Global Responsibility (SGR) has called on the Institution of Chemical Engineers (IChemE) to reform its financial practices, citing a lack of transparency and continued ties to fossil fuel and arms industries. SGR demands that IChemE disclose investments over £3,500, phase out ties to companies not aligned with the 2°C Paris Agreement goal, and adopt fossil fuel-free indexes. The letter highlights a broader trend of divestment among other professional bodies, universities, and medical organisations in the UK and US as a benchmark for responsible climate governance.

• SGR identifies three primary concerns regarding the Institution of Chemical Engineers (IChemE): a lack of transparency in sector-specific investments, existing or potential financial links to fossil fuel and arms companies, and investment policies that are less stringent than those of peer professional organisations.
• SGR requests that IChemE implement several financial reforms, including disclosing all investments exceeding £3,500, halting new investments in coal, oil, and gas, and phasing out ties to companies whose activities do not align with the Paris Agreement's 2°C goal.
• The document lists numerous UK and US institutions that have already divested from fossil fuels or arms, including the British Medical Association, the American Geophysical Union, Harvard University, and the University of Aberdeen, as well as 87 UK universities.
• SGR recommends that IChemE adopt specific external tools and frameworks for its investment strategy, such as the Transition Pathway Initiative, the Montreal Pledge for carbon footprint reporting, and fossil fuel-free indexes from MSCI and FTSE.

APA

Scientists for Global Responsibility (2022). Microsoft Word - IChemE Letter.docx. https://www.sgr.org.uk/sites/default/files/2022-05/Letter_to_IChemE.pdf

Chicago

Scientists for Global Responsibility. Microsoft Word - IChemE Letter.docx. 2022. https://www.sgr.org.uk/sites/default/files/2022-05/Letter_to_IChemE.pdf.

Wikipedia

{{cite press release |author=Scientists for Global Responsibility |title=Microsoft Word - IChemE Letter.docx |date=10 March 2022 |url=https://www.sgr.org.uk/sites/default/files/2022-05/Letter_to_IChemE.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{scientistsforglobalresponsibility2022microsoft, author = {{Scientists for Global Responsibility}}, title = {{Microsoft Word - IChemE Letter.docx}}, publisher = {Scientists for Global Responsibility}, year = {2022}, month = mar, url = {https://www.sgr.org.uk/sites/default/files/2022-05/Letter_to_IChemE.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }