CPF and Climate Change

APRIL 2019 Forum Press Release: Climate Change

Our Members Forum campaigns for sustainable investments by our fund.

We think pension funds, and investment managers, should not just seek financial short-term gains regardless of the long-term impact of damaging local communities and our future generations. After the IPCC warnings on the need to keep below 1.5 degrees C, we realise we must act on Climate Change. This concerns everyone, but especially young people, because it is their future. This is why young people are holding monthly protests. Climate Change affects our own grandchildren.

On 05 June 2019 (World Environment Day), a Treasury Committee launched a new inquiry into the decarbonisation of the UK economy and green finance. “Climate change is one of the most pressing issues of our time. With recent protests and demonstrations, it has shot up the political agenda ….

In our recent press releases we have listed areas where we think the fund has invested without regard to our communities (such as Wonga, fracking, tobacco, FOBTs, and rents from property which include a strip club), and we have suggested better investing ideas in areas such as housing and renewable energy for our communities.

How will Cheshire Pension Fund respond to the challenge of Climate Change? All CPF Investments and Holdings are listed on the CPF website

Reports and Comments……