Five UK pension schemes representing approximately £244bn in assets under management have announced they will vote to oppose the reappointment of BP chair Helge Lund.
Global banks have collectively funnelled more than $5.5trn into the fossil fuel sector over the past seven years and, while US-based banks have been the biggest contributor, the UK and France are also in the top five.
Years working in international development showed Tony Burdon, head of Make My Money Matter, that sustainable pensions can harness trillions of pounds to build a better world – at a scale governments and charities can’t. He talks to Travis Elsum