In August 2021 CPF published a revised “carbon footprint” or TCFD, on the website at Climate Change Risk | Cheshire Pension Fund
But like the 2020 original this update is lengthy and free of specific measures. It suggests actions but contains no serious targets or genuine timescales. It does not contain the word “divestment”.
In our Press Release we say this is still “greenwash” and “sustainababble”, and we list the contradictions of this carbon footprint when:
- In 2020 CPF invested in Rio Tinto just as it attracted global condemnation for its destruction of 46,000 year old caves at Juukan Gorge in Australia.
- In 2021 the national report by DIVEST UK showed how CPF had invested over £63 million in Fossil Fuels.
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