Tag Archives: divestment

Question to Derby City Council about pension fund investments in Fossil Fuels

We are putting the following question to the full meeting of the Council on 6 pm, 25 November 2015.Divest_derbyshire

Considering that 80% of all known fossil fuels must stay in the ground to avoid warming by more than 2 degrees as well as the need to ensure Pension funds are not left in these potentially stranded assets, will the Council recommend that the Derbyshire County Council Pension Fund

  • Immediately freeze any new investments in fossil fuels?
  • Divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years

BACKGROUND INFORMATION 

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