We have updated our comprehensive briefing paper,
Fact check: Why the Greater Manchester Pension Fund can and must stop funding the fossil fuel industry.
Read our Fact Check Briefing by clicking here.
“It is incongruous that a Fund which has relatively high levels of investment in renewable energy is making such slow progress in divesting from fossil fuels. GMPF justify this by talk of fiduciary duty, the value they see in engaging with fossil fuel companies as shareholders and the imperative of making the best possible returns for investors. We show … how these and other GMPF arguments can be rebutted.” Read the whole paper (pdf download).