Manchester City Council pressures GM Pension Fund to divest

29th November 2019

Manchester City Council pressures GM Pension Fund to divest. Manchester City Council has declared a climate emergency and has started to act. One of the actions in the motion of declaration is to ask the Greater Manchester Pension Fund (GMPF) to divest. The Manchester council motion included this action: Through our role on GMPF, encourage…

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Call on Trafford councillors to back divestment motion

6th October 2019

On Wednesday 9th October, councillors in Trafford will get the opportunity to vote on a divestment motion tabled by the Green Party Group.

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The pressure is beginning to take effect: the GMPF Annual Report 2019

18th September 2019

Greater Manchester Pension Fund’s Annual Report for 2019 has appeared on their website. In summary. The Fund acknowledges the climate crisis and is making some steps to move away from fossil fuels. But their main shareholdings still include enormous investments in coal, oil and gas companies. This commitment, which supports continued exploration and extraction of…

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Fossil Free GM meets with the Pension Fund – we still say much too slow!

27th July 2019

On 11 July, two representatives of Fossil Free Greater Manchester met with senior representatives of Greater Manchester Pension Fund and their advisors.  The meeting, which was scheduled at short notice, lasted just over an hour.  It was a constructive discussion in which both sides were able to present their thinking and arguments.  We have written…

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News release: Campaigners call on GM Pension Fund to divest from climate-wrecking fossil fuel investments

19th July 2019

Today (Friday 19th July) a noisy protest [1] outside the Greater Manchester Pension Fund (GMPF) offices called for the Pension Fund to join the growing global movement to respond to the climate emergency by divesting from climate-wrecking fossil fuels within 2 years The GM Pension Fund is the largest local government pension fund in the…

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Press release: Campaigners call on GM Pension Fund to help tackle the climate crisis

17th July 2019

Campaigners will demand that Greater Manchester Pension Fund (GMPF) join the growing movement to tackle climate change when they gather at the Fund’s offices at 12.30 on 19 July . The Fund is the largest local government pension fund in the UK. [1] According to a 2018 report, over 10% of the fund – up…

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Tell GM Pension Fund to Stop Funding Global Heating

4th July 2019

You want to help stop the earth overheating. Then join us in telling Greater Manchester Pension Fund to stop funding climate change by investing 10% of its assets in companies whose aim is to extract and sell as much oil gas and coal as they can.  It’s their Annual General Meeting on 19 July.  They’ve…

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How GMPF’s investments help block action on climate change

2nd July 2019

New research has revealed that GMPF’s investments in fossil fuels could be helping to block action on climate change (1). Leading US business magazine Forbes quotes a recent study that shows the world’s five largest publicly owned oil and gas companies spend approximately £160 million every year on lobbying designed to control, delay or block…

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We restate our aims and open dialogue with the Pension Fund’s Chair.

28th March 2019

An update from Fossil Free Greater Manchester Fossil Free Greater Manchester has been campaigning since 2015 for the Greater Manchester Pension Fund to divest its holdings in the fossil fuel industry. We have made some progress since we started: The Pension Fund has recognised that climate change is a material risk and committed to eventual…

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Pension protesters make their presence felt

21st October 2018

  In this update: 1) Press release following our action outside Greater Manchester Pension Fund AGM on Friday 21 October. 2) The experience of one Fund member at the AGM 3) Photos of our action. Fossil Free Greater Manchester press release  19th October 2018 Immediate Release Pension protestors claim success A group of noisy pensioners…

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