Pax Christi England and Wales AGM 2022 - Chair's Report indcatholicnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indcatholicnews.com Daily Mail and Mail on Sunday newspapers.
"Risky investments": LCC has been accused of "contributing to the devastating effects of climate change", by investing over £113 million of pension fund money in fossil fuel companies.
LGPS must consider net-zero impact to avoid social downturn, MPs say pensions-expert.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pensions-expert.com Daily Mail and Mail on Sunday newspapers.
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.