A year after Oxford University decided to divest from fossil fuels, the Oxfordshire local government pension fund has begun excluding fossil fuel investments from their own fund. On 10th September, the administering committee for the scheme, worth approximately £3 billion and with around 65,000 members, voted to move the full value of the Fund’s passive …
Oxfordshire Pension Fund begins fossil fuel divestment Read More »
This blog has been written in response to Graham Lawton’s article Why your pension may be destroying the planet – and how to change that, published in the New Scientist on 2 June 2021. Graham Lawton has fundamentally misunderstood the strategy behind the global fossil fuel divestment movement – the fastest-growing divestment campaign the world …
Engagement with fossil fuel companies won’t save the planet Read More »
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 …
Glasgow still has time to make history before COP26 by divesting from fossil fuels Read More »
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 …
