Rianna Gargiulo

COP: Councils urged to ditch climate-wrecking pension investments

#StopFundingFossilFuels Day of Action  Protests take place across the UK over council investments in fossil fuels during COP26 – including Glasgow over Strathclyde Pension Fund  Local authorities must do far more to champion the fight against climate change by divesting from fossil fuels, say Friends of the Earth and campaign group Platform today (Wednesday 3 …

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Pension funds invest £2,000 in fossil fuels for every person in the UK – new study

UK pension funds have an estimated £128 billion invested in fossil fuels, equivalent to nearly £2,000 for every person in the UK, according to new research by Friends of the Earth released today. This is the key finding from “Polluted Pensions? Clearing the air around UK pensions and fossil fuels”, a new report[1] by Friends …

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Glasgow still has time to make history before COP26 by divesting from fossil fuels

Campaigners are urging councillors to agree on strong climate standards and a clear divestment timeline. “It’s not an investment if it’s destroying the planet.” – Vandana Shiva As Glasgow prepares to host the UN COP26 Climate Conference in November, climate campaigners across the UK are calling on Glasgow councillors to take urgent action to tackle …

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Despite local councils investing £10 billion into fossil fuels, new polling finds just 12% of British adults support this policy

YouGov research has found that when asked ‘to what extent do you support or oppose the investment of local government pension funds in fossil fuel companies’, just 12% said they support. 41% oppose, with the rest indifferent.  95% of councils have yet to divest their pension funds from fossil fuels.[1] Collectively they still have almost …

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