MPs invest millions in fossil fuels through their pension. We don’t think this is sensible as it undermines legally binding requirements to reduce emissions. We believe MPs can show climate leadership by investing in a fossil free future.
Divest Parliament works with MPs from across the political spectrum to sign our campaign pledge calling on their pension fund to phase out its substantial investments in fossil fuels.
By engaging with their own pension fund, MPs have the opportunity to show crucial leadership on climate change, responsible investment and the transition to a sustainable economy.
The pledge asks that the Pension Fund quantifies, reviews and discloses the fund’s investments in carbon-intensive industries, engages in a dialogue with current and former MPs and publicly commits to phasing out fossil fuel investments over an appropriate time-scale.
MPs have a crucial role to play in challenging the political power of an industry that continues to push for new fossil fuels, even in the face of glaringly evident climate change impacts across the globe.
There are many reasons why MPs may want to join the thousands of organisations and individuals with assets worth over $7 trillion already divested, and join the fastest growing divestment movement the world has ever seen: