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Updates in divestment

This page is a repository of relevant news and research on fossil fuel divestment

Pensions and Lifetime Savings Association (PLSA) has expressed concern that the government is going too far in terms of deregulation of LGPS

Pensions and Lifetime Savings Association (PLSA)’s letter to DCLG on proposed changes to LGPS rules

Sign the e-petition pushing back on tories’ proposals to ban divestment .

The government is trying to stop divestment in England and Wales – a blog by FoE

The Tories’ plot to close down local democracy via bans on divestment

Haringey council moves millions out of fossil fuels

Updated briefing (Jan 2016) from FoE for divestment campaigners

Friends of the Earth Scotland launches a campaign to divest the Scottish Parliament Pensions. Campaign info: a) Full details and sources b) e-action c) Coverage in the Sunday Herald

Last week, city councillors in York voted for a push to pull council money including pension funds out of fossil fuel companies even though council leader Chris Steward, who is a stockbroker, said such a move would be impossibly complex.

Responding to Oil funded anti-divestment report

Public sector pension funds in Scotland ploughing £1.7bn into ‘dirty investments

Local Authority divestment: from part of the problem to part of the solution (Blog by New Economics Foundation)

Divest and reinvest: 6 local governments that are innovating for sustainability

Cllr Robert Chapman, Chair of Pensions Committee, provides an update on how Hackney Council is addressing concerns about the investment in fossil fuels as part of its pension fund.

See Editorial/FAQ on pages 6 and 8 for divestment news on LB Hackney

Divest-Invest’s 2015 report on the growth of the global divestment and clean energy reinvestment report

California passes bill forcing biggest pension funds to divest from coal

The National Youth Assembly of the Church of Scotland urges action on climate change

What Labour needs to learn from the divestment and anti-fracking movements

Scotland is ahead of the game in divestment & reinvestment?

Don’t Dither, Divest! Ethical Investments by Universities in Scotland

Energy democracy and how do we pay for it? 

Methodist conference votes to divest from coal and tar sands

Financing universal health coverage by cutting fossil fuels subsidies

A consortium of leaders from nine different philanthropic institutions in Europe is encouraging charitable foundations and high net worth individuals to divest from fossil fuels and invest 5% or more of their portfolio in climate solutions. Check out Europeans for Divest Invest

The Carbon Underground 200 identifies the top 100 public coal companies globally and the top 100 public oil and gas companies globally, ranked by the potential carbon emissions content of their reported reserves. The reserves of these companies total 555 gigatons (Gt) of potential CO2 emissions, almost five times more than can be burned for the world to have an 80% chance of limiting global temperature rise to 2°C (3.6° F). Here is the 2015 .

Carbon Tracker has a wealth of information.

A list of brilliant organisations compiled by the New Internationalist working towards a better energy future

News:

The case for the health community to divest: An article in the Guardian, A call to the health community, editorial in the British Medical Journal, health community urges the Wellcome Trust to divest

UNISON joining the call for Fossil Free Pensions

The Guardian gets behind divestment and is campaigning to get Bill and Melinda Gates Foundation and the Wellcome Trust to DIVEST!

Divest London’s oil slick protest at the Wellcome Trust

A new campaign is emerging to get the Lothian Pension Fund, one of Scotland’s largest public funds, to divest from dirty and risky fossil-fuels and invest sustainably

The movement is growing: a roundup of Global Divestment Day

David Watson, UNISON Scotland’s Head of Bargaining & Campaigns, is behind divestment

Toolkits:

A Local Authority Guide to Banking for Social Good (Move Your Money, 2013)

Divestment is possible:

The Quakers in the UK have already divested! And are reinvesting!

The San Francisco Employees’ Retirement System shifts funds into a fossil free index tracker

Norway oil fund reveals divestment and responsible investment plans

Over 150 investors, including Environment Agency, Church of England and Pension Funds, demand that BP test whether their business model is compatible with international pledge to limit global warming to 2C

Environment Agency Pension Fund reduces environmental risk without compromising financial performance

Environment Agency Pension Fund: leading on responsible investment?

Environment Agency fund: a natural progression

Europe’s electricity providers face an existential threat

Solar has won. Even if coal were to burn, power stations couldn’t compete

Fossil Fuel divestment won’t be easy, but there are alternatives

Beyond Fossil Fuels- The Investment Case for Fossil Fuel Divestment

Responding to the Call for Fossil Fuel Free Portfolios

Institutional Pathways to Fossil Free Investing

SOAS becomes first London university to commit to divestment

Global Divestment Day: 14 and 15 February 2015

University of Glasgow commits to divestment

UK’s Christian community supports divestment

The British Medical Association votes for divestment

The London divestment movement is growing

Go Fossil Free

Natural Resources Defense Council calls for divestment

Individuals can take action too

Asset manages who offer fossil free funds in the UK are include:

http://impaxenvironmentalmarkets.co.uk/

WHEB Fund 70% lower carbon ‘footprint’ than benchmark

More always coming

 

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Founded in 2014 by Jo Ram and Joel Benjamin, Community Reinvest is a Community Interest Company (C.I.C.) LTD by guarantee and registered with Companies House in England and Wales. .

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