CPF announcement (Oct 2019)

In October 2019 CPF announced an investment of £500 million in a green fund: “Cheshire Pension Fund is one of the first investors in the Local Government Pension Scheme (LGPS) Central Climate Factor Fund, a fund which is moving away from companies with greater carbon emissions and supporting those investing in green technology.” ……. “Cheshire Pension Fund and West Midlands Pension Fund are the first two investors in the LGPS Central Climate Factor Fund, which launched on 10 October and manages £2.1 billion.”

In 2019 Resolutions on Climate Emergencies were passed by all four of the major CPF councils, as well as many others.

Cheshire West and Chester – May 2019 – https://www.cheshirewestandchester.gov.uk/your-council/councillors-and-committees/the-climate-emergency/the-climate-emergency.aspx

Cheshire East – May 2019 – https://moderngov.cheshireeast.gov.uk/ecminutes/ieListDocuments.aspx?CId=239&MId=7075

https://www.cheshireeast.gov.uk/environment/sustainability/climate_change.aspx

Warrington – June 2019 – https://www.warrington.gov.uk/full-council-minutes-agendas-and-reports

Halton – October 2019 – http://councillors.halton.gov.uk/ieListDocuments.aspx?CId=316&MId=7251&Ver=4

Other UK – https://www.climateemergency.uk/blog/map-of-local-council-declarations/

Share Action – 11 institutional investors managing over £130bn including Brunel Pension Partnership, LGPS Central, Sarasin & Partners and Folksam Investors have filed a shareholder resolution at Barclays alongside over 100 individual shareholders, led by ShareAction, the responsible investment charity. It will be voted on by investors at Barclays’ annual general meeting in May 2020.   Read more https://shareaction.org/shareholder-resolution-at-barclays-puts-climate-crisis-centre-stage-for-european-banking-sector-in-2020/

Committee on Climate Change – https://www.theccc.org.uk/

House of Commons May 2019 – https://www.bbc.co.uk/news/uk-politics-48126677

EU Parliament November 2019 – https://www.europarl.europa.eu/news/en/press-room/20191121IPR67110/the-european-parliament-declares-climate-emergency