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…
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…
Hackney Council is voting tonight on its investment policy regarding fossil fuels and climate change. After years of campaigning by Divest Hackney and lots of media attention, this Tuesday is the big day for the Pensions Committee. But despite the hype and the repeated delays, the proposals are pretty disappointing. Hackney Council has £42 million in fossil…
Forty feet wide by ten feet high the banner drapes delicately from the solid structure of Westminster Bridge. Standing at the parapet, gazing down at the brown river, we can see the upturned faces of over a hundred passengers looking up at us from the tourist vessel ‘Millennium Dream’. They are clearly trying to decipher…
Local governments in the UK have pension funds worth over £230 billion. £14 billion of this – over 6% – is invested into fossil fuel corporations. The briefing Local Government Pensions, Fossil Fuels & the Transition to a New Economy analyses the breakdown of investments of all UK local authorities through their 101 pensions funds, responsible…
To build energy democracy we need to break the control of corporations over our energy. Companies like BP and Shell and the Big Six play an enormous role in determining which fuels are used to generate energy, how much we pay for electricity, and where the profits go. These big companies work hard to convince…
As the London Stock Exchange opened at 09.00 on Tuesday, 16th December, BP’s shareprice was down to 365 pence. It was the bottom of a long slide from 448 pence on the 21st November and investors in the company looked concerned that BP was failing badly. Shares in BP have lost 25% of their value…
This briefing by Platform, Greenpeace UK and ShareAction outlines the main European and US sanctions that impact IOCs operating in Russia. It details the impact of these sanctions on planned joint ventures involving Exxon, Statoil, Eni and Shell. It also examines the unique consequences for BP as a holder of a 19.75% stake in Rosneft…
We’ve written a manifesto titled Energy beyond Neoliberalism: “This is a call for energy democracy. Not energy security or energy separation. A survivable and just energy future means breaking the grip of elite interests on our energy systems, ending dependency, increasing autonomy, building diverse power structures through which we can hold one another to account,…
A while back James Marriott made a journey to two communities – each of which tries to approach an ideal. This is his reflection on the experience. The first, La R.o.n.c.e in the Morbihan region of Brittany, is being established on an abandoned farm by six activists and artist-activists, two of whom, John Jordan and…