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Results for the tag: Pension Fund

Pension questions for ESCC

East Sussex County Council faces questions from more than 80 people about its pension fund’s investments in fossil fuel companies. Research has found none of the fossil fuel companies have policies that are aligned with limiting global warming to 1.5°C. Nick Terdre reports.

PSC calls for East Sussex pension fund divestments

Already under pressure due to its fossil fuel investments, East Sussex County Council now faces calls to divest from companies which the Palestine Solidarity Campaign says are involved in violations of Palestinian human rights. Nick Terdre reports.

Climate campaigners dismayed by ESCC’s contradictory stance

Campaigners were left flabbergasted and angered when East Sussex County Council passed a motion acknowledging that a climate emergency exists but overwhelmingly rejected a motion calling for its pension fund to divest out of fossil fuels. Nick Terdre reports.

Divest fossil fuels battle continues

The chair of the East Sussex Pension Committee, Councillor Richard Stogdon, has said that he ‘entirely agrees’ that ‘any encouragement to the fracking industry’ – such as investments in ‘fracking companies’ – ‘should be avoided’, as these are ‘not in the best interest of the Council’s pensioners … [or] residents of East Sussex.’ Cllr Stogdon also stated that the Pension Committee would be ‘looking at strategies for reducing – as far as possible – any investment in coal where we see that’s in the best interests of our pensioners.’ [1] Information sent by Divest East Sussex.

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