Tameside to debate the climate emergency but no sign of any fossil fuel divestment

24th February 2020

Tameside council will belatedly debate declaring a climate emergency at its meeting on Tuesday 25 Feb.  It will be the last of the Greater Manchester councils to do so. https://tameside.moderngov.co.uk/mgAi.aspx?ID=44691 The proposer, council leader Brenda Warrington, refers to GMPF, pointing out its large investment in renewables. This fails to acknowledge the scale of the far…

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GM Pension Fund, ditch the coal!

12th February 2020

In 2019, the Greater Manchester Pension Fund (GMPF) announced that “fighting the climate crisis is one of our highest priorities”.  The Fund also announced that it will transfer some of its funds from a tracker fund to a low-carbon fund. [1]  Excellent news. Except that, so far, no transfer. The Fund is a bit slow…

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New briefing for GM councillors on GMPF’s response to call for divestment

1st February 2020

Briefing for GM councillors on GMPF response to calls to divest from fossil fuels. Jan 2020                                                                                     Download as a leaflet in .pdf format Introduction Fossil Free Greater Manchester is a grassroots coalition of organisations and individuals who are working to persuade the Greater Manchester Pension Fund (GMPF) to commit to a speedy and full divestment…

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Salford Unison’s strong call for the GM Pension Fund to divest fossil fuels

15th December 2019

We are delighted to report that this motion from Salford City UNISON branch was passed on Friday 7th December. It was moved by Steve North.  It sets out very clearly the present situation and the reasons for divestment, building on Salford City Council’s declaration of a Climate Emergency.  _____________________________________________________ Invest in the Future / Divest…

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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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