In December Southwark Council in London committed to divest from fossil fuels meaning their £1.2 billion pension fund will be the largest to go fossil free to date.
Mayor of London Sadiq Khan made a manifesto commitment to divest London from fossil fuels and, following further pressure from London Assembly Members, has called for the London Pension Fund Authority to exit fossil fuels.
All this followed on the success in Waltham Forest Council, the first to commit to full divestment from fossil fuels, and South Yorkshire’s divestment from coal. It’s all happening in England!
Scottish Councils are under pressure to follow England’s lead, but no local authority here has yet made a commitment. With new Pensions Committees in place shortly after the May election there is a great opportunity to get more action north of the border.
- Watch a short video about why London councils are divesting from fossil fuels.
- Read a photostory of how Fossil Free Southwark got their Council to divest.