2023 Action Scorecards

Action Scorecards 2023

Question: Has the council's pensions fund committed to divesting from all fossil fuels?

Question code
4.11b
Section
Governance & Finance
Topic
Divestment of Pension Funds
Source
National Data
Question weight
Medium

Criteria

Two tier criteria
Criteria met if the pension fund has committed to partially divesting. For example, it has committed to divesting only from coal, tar sands or oil.

Additional points if the pension fund has committed to divest from all fossil fuels.

Clarifications

Divestment is the opposite of investment, and consists of stocks, bonds or investment funds that are unethical, and in this case, invested in fossil fuel companies such as Shell, BP and Exxon.

Where the council does not have control over its own pension investments, such as where the council pension fund is pooled between local authorities, we are looking for a commitment from the pooled pension fund.

Marked using data provided by UK Divest - https://www.divest.org.uk/commitments/

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0 points

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1 point

0 district councils

2 points

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