Fossil fuel divestment in LGPS

Many of us do not give much thought to where our pension contributions (and those our employer makes on our behalf) are invested. But over £3billion of public service workers deferred wages are invested in the West Sussex Local Government Pension Fund.

This gives our Pension Fund quite considerable muscle, and it is important that the investments it makes are ethical and sustainable, and contribute to a better world and future for us all.

The branch has been asked by Worthing Climate Action Network to publicise its petition calling on the West Sussex County Council to divest itself of its fossil fuel investments (i.e. remove them in favour of other shares). We are pleased to provide access to their petition here and encourage members to sign it.