Tag Archives: divestment

Greater Manchester Pension Fund: an obstacle to action on climate change?

A new report “Fuelling the Fire” shows that UK council pension funds are still investing billions (£16 Billion in fact) in fossil fuel companies. The sums invested have increased, although this is more a result of stock value and currency … Continue reading

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Policies for the City Region – serialised: Part 4, Fossil Fuel Divestment.

We continue the serialisation of our report, Policies for the City Region. In this short installment we explore the ethical necessity and pragmatic benefits of NW institutions dumping their investments in fossil fuel companies and putting that money to better … Continue reading

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Policies for the City Region – serialised: Part 2, Energy.

We continue the serialisation of our report, Policies for the City Region.  This installment is about Greater Manchester using considerably less energy, and the transition to clean energy.  It is a long installment but we thought it best to keep … Continue reading

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Greater Manchester climate campaigners not convinced by Pension Fund’s arguments

Steady State Manchester is part of the coalition that came together as Fossil Free Greater Manchester (FFGM) to campaign for the largest local authority pension fund to divest from fossil fuels.  It is consistent with our thinking on the regional … Continue reading

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Open letter on fossil fuel divestment to Chair of GM Pension Fund

Steady State Manchester is part of Fossil Free Greater Manchester (FFGM), a coalition of organisations and individuals campaigning for the Greater Manchester Pension Fund (GMPF) to take its money out of fossil fuels.  This is part of an international campaign … Continue reading

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GMPF and fossil fuel divestment – update

First the good news: we understand that Greater Manchester Pension Fund has agreed to update its “responsible investment policy” in line with current thinking on Trustees duties.  That is to say, it will now consider social and ethical considerations to … Continue reading

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Not just ecologically, but financially unviable too: GMPF’s fossil fuel investments

Our last post was about the fossil fuel divestment campaign that is focussing on local government pension funds, and in our case Greater Manchester Pension Fund. One argument made against the divestment campaign is that Trustees (responsible for the Fund) … Continue reading

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Campaign on Greater Manchester Pension Fund’s investments hots up

Some months ago we reported on our attempts to encourage Greater Manchester Pension Fund to rethink its investment strategy, using explicit ethical criteria as part of its overall strategy for sound investments and returns, and in particular to move money … Continue reading

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