THE University of Edinburgh has announced an investment of £5 million in green projects through HSBC’s green deposits programme.
The initiative aims to help businesses transition to a low-carbon, climate-resilient, sustainable economy. It focuses on renewable energy, efficient buildings, sustainable waste management and clean transportation.
Signing up to the programme is the latest step taken by the university to ensure its investments are more socially and environmentally responsible. Since 2010, it has invested more than £150 million in low carbon technology, climate-related research and business that directly benefits the environment.
Professor Dave Gorman, director of social responsibility and sustainability at the University of Edinburgh, said, “Investing in organisations that promote the transition to a low-carbon, climate-resilient and sustainable economy is a key way in which the university can act on evidence from our own world-class research. Through our investments we intend to deliver multiple benefits for society, the economy and the environment.”