CAMPAIGNERS CALL ON COUNTY COUNCIL TO DIVEST LOCAL PENSIONS FROM FOSSIL FUELS AS VALUE OF FUNDS DIVESTED GLOBALLY PASSES $5 TRILLION
Pension funds that fail to consider climate risk could face legal challenges – leading UK barristers
13 December 2016: Campaigners from around East Sussex have hailed a new report , showing that the global movement to get institutions to ditch investments in the oil, coal and gas industries has doubled in size since 2015. Over 685 institutions in 76 countries, managing assets worth more than $5 trillion, have now made some form of divestment commitment. Continue reading Campaigners hail passing of $5 trillion divestment threshold
CAMPAIGNERS SEND CLIMATE REPORT TO EAST SUSSEX PENSION COMMITTEE
Committee urged to make contact with London Pension Fund that is ditching its investments in oil, coal and gas
Campaigners from around East Sussex have sent a copy of the World Metereological Organisation (WMO)’s latest report to the chair of the East Sussex Pension Committee, highlighting the impact of the Committee’s investments in oil, coal and gas on the earth’s climate. Continue reading Campaigners send climate report to East Sussex Pension Committee
LOCAL PENSION FUND MEMBER LAUNCHES PETITION CALLING FOR EAST SUSSEX PENSION FUND TO DITCH ITS FOSSIL FUEL INVESTMENTS
Pension Fund must stop pretending it can “influence” the likes of Exxon – petition founder
1 November 2016: As the world enters “a new era of climate change reality” , a member of the East Sussex Pension Fund has set up a new petition (tinyurl.com/eastsussexdivest) calling on East Sussex County Council to divest the Fund of its investments in the coal, oil and gas industries. Continue reading Local pension fund member launches petition calling for East Sussex Pension Fund to ditch its fossil fuel investments
EAST SUSSEX RESIDENTS TAKE PART IN FIRST UK-WIDE GATHERING OF FOSSIL FUEL DIVESTMENT CAMPAIGNERS
East Sussex should follow lead set by Waltham Forest, Haringey and South Yorkshire, say local residents
24 October: Campaigners from around East Sussex joined scores of people from across the UK in Hertfordshire last weekend for the first UK-wide gathering of fossil fuel divestment campaigners. Continue reading East Sussex residents take part in first UK-wide gathering of fossil fuel divestment campaigners
EAST SUSSEX PENSION FUND MEMBERS URGED TO MAKE THEIR VOICES HEARD ON FOSSIL FUEL INVESTMENTS
Brochure and web tool launched by campaigners from across East Sussex
10 October: Campaigners from around East Sussex have launched a new brochure and web tool today to help members of the East Sussex Pension Fund (ESPF) lobby the County Council to reinvest the £172 million it currently has invested in the coal, oil and gas industries .
Continue reading East Sussex Pension Fund members urged to make their voices heard on fossil fuel investments
EAST SUSSEX CAMPAIGNERS HAIL FIRST UK PENSION FUND TO DITCH FOSSIL FUEL INVESTMENTS
County Council urged to follow lead shown by Waltham Forest
Campaigners from around East Sussex have welcomed the news that Waltham Forest pension fund is to divest itself of its £23.9 million worth of investments in the oil, coal and gas industries . The Fund, worth £735 million, will become the first UK Pension Fund to completely divest itself from fossil fuels. Continue reading East Sussex Campaigners hail first UK pension fund to ditch fossil fuel investments
The following statement to the East Sussex Pension Committee was made by Julia Hilton on behalf of Fossil Free Hastings at the Committee’s 8 September 2016 meeting. For background info see here.
Thank you for allowing me to speak in support of the petition calling for the divestment of the East Sussex Pension Fund from fossil fuels.
The Fund currently has an estimated £172m invested in the fossil fuel industries . These investments are damaging our climate’s equilibrium and pose a serious risk to local people’s pensions . Continue reading Divestment statement to the East Sussex Pension Committee
COUNCILLORS & RESIDENTS CALL ON EAST SUSSEX PENSION FUND TO DITCH FOSSIL FUEL INVESTMENTS
Divestment campaigners to make presentation to Pension Committee this Thursday (8 September)
8 September, County Hall, Lewes: Campaigners calling on East Sussex County Council to ditch its investments in fossil fuels (coal, oil and gas) will address the East Sussex Pension Committee at its next meeting in Lewes, this Thursday (8 September) . The appearance follows the hand-in of a petition, urging the County Council to divest the Pension Fund of its investments from fossil fuels, which was signed by over three hundred people from across East Sussex, including residents of Battle, Bexhill, Brighton, Eastbourne, Etchingham, Forest Row, Hastings, Heathfield, Hove, Lewes, Polegate, Seaford, St Leonards, and Uckfield . Continue reading Councillors & residents call on East Sussex Pension Fund to ditch fossil fuel investments
FIVE-METER-LONG PETITION TO COUNTY COUNCIL HIGHLIGHTS RISK TO LOCAL PEOPLE’S PENSIONS
Hundreds of people from across East Sussex call on County Council to divest the East Sussex Pension Fund from oil, coal and gas
12 July, County Hall, Lewes: People from around East Sussex – including members of Fossil Free Hastings, Climate Forest Row and Lewes Keep It In the Ground – handed in a five-meter-long petition at County Hall this morning (12 July), urging East Sussex County Council to divest the East Sussex Pension Fund of its investments in fossil fuels (coal, oil and gas).
Continue reading Five-metre-long petition to County Council highlights risk to local people’s pensions
The East Sussex Pension Fund – which holds the pensions for a wide range of organisations from across East Sussex – currently has an estimated £172m invested in the fossil fuel industries (oil, coal and gas). These investments are damaging the balance of our climate and pose a serious risk to local people’s pensions (see below).
On the 18 July 2016 the East Sussex Pension Committee – the body that has authority for all pension-related investment decisions – will be holding the Fund’s annual investment strategy meeting at County Hall in Lewes.
Please write to one or more of the five County Councillors who sit on the Committee, before the 18th July, and urge them to support the divestment of the East Pension Fund from these irresponsible and financially risky investments (see below for more information and suggestions for points that you might like to make when you write): Continue reading Please write to the East Sussex Pension Committee before 18 July and ask them to divest our pensions from fossil fuels!