DORSET Council is one of three local authorities in the South West with the largest percentage of assets invested in fossil fuels.
A report by environmental campaigners Friends of the Earth and Platform revealed that the pension fund of Dorset invests around 4.49 per cent of the fund’s value into fossil fuels.
According to the campaigners, Dorset, Devon, and Avon council pension funds account for 58 per cent of all fossil fuel investments by Local Authority Pension Funds in the South West.
Co-ordinator of East Dorset Friends of the Earth, Angela Pooley told the Daily Echo: “Our first thought on this report, along with the national Friends of the Earth, was that we should be moving away from fossil fuels and, locally, there should be no more investment at all in fossil fuels.