Over 80% of the world’s coal, oil and gas reserves are unburnable if we want to stop climate change.
The hundreds of billions of pounds invested in energy projects every year need to be moved out of the fossil fuel industry, and invested in clean energy instead.
Universities, pension funds, churches and other institutions are increasingly taking their investments out of coal, oil and gas.
We’ve joined this rapidly growing global alliance, and are campaigning to persuade the Greater Manchester Pension Fund to divest from fossil fuels.
Local campaigners have scored big successes this year in getting their local authority’s pension fund to take their investments out of fossil fuels. We were told it couldn’t be done. But campaigners in Haringey, Waltham Forest and South Yorkshire have all … Continue reading
The hot debate on climate risk and pension investments: Does practice stack up against the law? (Investor Report)
ClientEarth and ShareAction established a project in 2015 which set out to clarify the legal obligations of UK pension fund trustees and their asset managers to assess and manage climate and carbon-related financial risks (“climate risk”).
Fossil Free Greater Manchester is not persuaded by Greater Manchester Pension Fund that its strategy for a low carbon economy can work. And we continue to draw attention to the risks to pensions of continuing to hold fossil fuel investments.
An Open Letter to Councillor Kieran Quinn, chair of GMPF, has been published today by the campaigning group Fossil Free Greater Manchester (FFGM). It picks up on radio interviews on Tameside radio with him and one of FFGM’s members. Councillor … Continue reading
Open letter to Councillor Kieran Quinn, Chair of the Greater Manchester Pension Fund from Fossil Free Greater Manchester
Councillor Kieran Quinn, Chair, Greater Manchester Pension Fund, Guardsman Tony Downes House, 5 Manchester Road, Droylsden, M43 6SF 13th May 2016 Dear Councillor Quinn, Please see below this open letter to you. We plan to publish this next week but … Continue reading
To mark April Fools Day, campaigners from Fossil Free Greater Manchester will be calling on the councillors in charge of the Greater Manchester Pension Fund to prove they’re not Fossil Fools by taking steps to withdraw their investments from polluting … Continue reading
Here’s a copy of the Valentine message that Fossil Free Greater Manchester sent to the Greater Manchester Pension Fund following our #showthelove action in Exchange Square on Saturday 13th February.
On Saturday, shoppers in Manchester will be asked to send Valentine messages to the Greater Manchester Pension Fund (GMPF) , calling on them to show the love for the climate by divesting from fossil fuels.
At the North West Regional Council meeting on Saturday 6th February, Unison delegates voted unanimously to support a motion on pension funds and divestment from fossil fuels.
Local campaigners are calling on Greater Manchester’s local authority pension fund to learn the lessons from the recent floods and redirect investments away from the fossil fuels that cause climate change.