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Revealed: UK council pensions are banking £16.1 billion on climate disaster

Revealed: UK council pensions are banking £16.1 billion on climate disaster

Today we’re releasing new data analysis showing that UK councils invest £16.1 billion in fossil fuel corporations through their workers’ pensions. These investments are bankrolling the companies most responsible for climate change, like Shell and BP. The councils with the biggest investments in fossil fuels – Manchester, Galloway & Dumfries, Hammersmith & Fulham, and Torfaen...
Data release: UK councils invest £16.1 billion in fossil fuels

Data release: UK councils invest £16.1 billion in fossil fuels

Press enquiries contact: Anna Galkina / Platform / @PlatformLondon 07942044472 / [email protected] Full dataset available online. Councils invest £16.1 billion of pensions into fossil fuel companies out of a total of £289.9 billion, new data reveals No significant change on 2015 investments, despite pressure to take climate risk into account Manchester, Dumfries and Galloway, Torfaen,...
How would you measure our effectiveness?

How would you measure our effectiveness?

A few weeks back, Matt Shardlow, CEO of Buglife, tweeted the chart underneath. It shows Platform apparently outstripping other UK environmental organisations in terms of our impact relative to our income. We were startled by this, and looked into the criteria and source. The data was collected for the Environmental Funders Network’s  interesting 2017 report ‘What...
The River Resurfaces - reflecting on politically engaged art from the 1970s to today

The River Resurfaces – reflecting on politically engaged art from the 1970s to today

    I’m sitting talking with Caroline Tisdall, a friend who has known Platform since 1986. We first came into contact with her via the producer and curator Richard Demarco: along with him, she was among the first to champion artist Joseph Beuys in the English-speaking world. Beuys’ art and politics were critical influences in...
#Repower Britain: two days of free events to envision the future #Lab17

#Repower Britain: two days of free events to envision the future #Lab17

Platform is co-hosting Repowering Britain: two days of free public events with Labour Energy Forum during Labour 2017 Conference fringe. Repowering Britain is a space for bold left visions for a transformed economy, society and energy system. We will bring together thinkers and doers to discuss what our country should look like in 10, 20, 30...
Lib Dems #Divest: Leading the Fight Against Climate Change

Lib Dems #Divest: Leading the Fight Against Climate Change

Join us on the Liberal Democrats conference fringe to discuss how the LibDems can build a vision for a clean sustainable future and how we achieve this together. Register on EventBrite Speakers: Chris Huhne, former Secretary of State for Energy and Climate Change Ed Davey MP, former Secretary of State for Energy and Climate Change...
There is no magic money tree, except for handouts for BP

There is no magic money tree, except for handouts for BP

The UK government paid oil companies $312 million to drill in the North Sea during the fiscal year 2016-2017 according to a new report by the HMRC, The Times reports. Successive UK governments insist “there is no magic money tree” to fund public hospitals and schools, or to insulate cold homes. But apparently the magic...
Council workers' largest trade union votes for divesting pensions

Council workers’ largest trade union votes for divesting pensions

After two years of impressive mobilisation by UNISON grassroots members across England, Scotland and Wales, the trade union has officially taken on fossil fuel divestment policy. Yesterday the union’s National Delegate Conference voted unanimously to seek divestment of Local Government Pension Schemes from fossil fuels over five years giving due regard to fiduciary duty UNISON...
Council workers’ largest union commits to divesting pensions from fossil fuels

Council workers’ largest union commits to divesting pensions from fossil fuels

Contact: Mika Minio-Paluello / [email protected] / 07733466038 / @PlatformLondon Full text of UNISON motion (pdf). UNISON to “seek divestment of Local Government Pension Schemes from fossil fuels over five years giving due regard to fiduciary duty” Local government pensions have £14 billion invested in oil, coal and gas UNISON is the largest organisation representing pension-holders working for local...