1. Immediately freeze any new investment in the top 200 publicly-traded fossil fuel companies
2. Divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years.
Why is this important?
Over £23 million of the Scottish Borders Council pension fund is currently invested in Fossil Fuels. (Divest and Reinvest Scotland Report)
We need our council to take an active role in protecting our environment and the health of our communities, investing in fossil fuels is out dated and contributes to continuing climate change.
As well as contributing to the destruction of our planet these funds are now at risk as fossil fuels become a thing of the past - we need our council to secure these funds for their employees by investing in technologies of the future including renewable energy and investing in our communities.
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