To: Investments Division

Divest West Midlands Pension Fund From Fossil Fuels

We want West Midlands Pension Fund to immediately freeze any new investment in fossil fuel companies, and divest from direct ownership and any commingled funds that include fossil fuel, public equities, and corporate bonds within 5 years.
(For example, their current holdings in Exxon Mobil, BP, BHP Billiton, Anglo American and Peabody Energy).

Why is this important?

Climate change is already causing massive destruction around the world. For the sake of all of our futures, we need to move away from fossil fuels and begin the transition to a clean and just energy economy, now.

Many of the fossil fuel companies that West Midlands Pension Fund invests in have a poor environmental record, including ExxonMobil. ExxonMobil, the world's largest oil company, spilled 11 million gallons of oil off the coast of Alaska and plans to drill in the Russian Arctic with Rosneft. BP, another West Midlands Pension Fund investment, was responsible for the largest environmental disaster in U.S. history, the Deepwater Horizon oil spill on the Gulf of Mexico.

Fossil fuel companies are also highly overvalued due to the assumption that all of their reserves will be burnt. But as policy catches up to climate realities, this overvaluation means there’s a multi-trillion dollar “carbon bubble” that’s poised to burst. This will greatly effect the value of our pensions if West Midlands continues to invest in fossil fuels.

We know that 80% of current fossil fuel reserves must stay in the ground to prevent runaway climate change. We must act now!

West Midlands

Reasons for signing

  • The 'engagement' approach may work for some industries but not for companies whose main business is extracting Fossil Fuels. It's far too late for debate. We must divest and do it fast.
  • Money invested in fossil fuels will become stranded assets very soon. The moment to get out is now. Future energy will be renewable. That is where to put your money.
  • the carbon bubble will burst. Get public money out of this killer business now!

Updates

2017-07-17 13:18:55 -0400

500 signatures reached

2017-05-11 18:53:44 -0400

Come and tell Birmingham City Council that you want them to back a motion to Divest from Fossil Fuels!

This is a family event : bring a picnic,

Group photo in front of the Council house at 1pm - wear something orange - or wave your flag!

At the event:

We will have an information board sharing some of the stories collected and explaining the case for divestment.
We will be asking the public to fill in postcards which we will send on to their Councillors.
There will be an awesome model 'nodding donkey' (used to raise crude oil from oil wells) which will deliver the cards into ‘the ground’ (bags for delivery!)
If you are able to help with any of the picnic activities that would be great if not then handing out flyers, manning the info board/nodding donkey, taking photos holding banners are all jobs which we need help with! You are welcome of course to just come along and enjoy your picnic!

http://act.350.org/event/gdd2017_attend/13504

2017-04-06 19:21:12 -0400

Have you or those you know been affected by climate change?

Divest West Midlands Pension Fund (Divest WMPF ) are collecting climate impact stories to use as part of our Global Divestment Mobilisation actions in May.

The events will highlight climate impacts on the people of the West Midlands and the need to break ties with fossil fuel companies.

Examples of stories;
Name –Birmingham – My Auntie lives in Arizona and is struggling with the drought.
Name –Dudley – I am a keen RSPB member and am concerned spring is coming around 11 days earlier than 30 years ago impacting local species.

If you have a story to share please paste this link into your browser to access our online form.
https://form.jotformeu.com/70886366984375


Thank you for your help.
Regards, the Divest WMPF team.

2016-12-03 06:48:16 -0500

December Meeting 6pm for 6.30pm start on Thursday 15th December
The Warehouse, 54-57 Allison Street, Birmingham B5 5TH.
(downstairs meeting room )
New to Divestment? Come and learn more about the campaign-what we are doing and how you can be involved.
We will be thinking about the Metro Mayor Hustings, Pooling, Global Divestment Day 2017 and next steps for our campaign.
All welcome.
( If you can make it please contact me via the link above so we are looking out for you!)

2016-10-07 05:13:45 -0400

Next Meeting 7pm on Thursday 13th October
The Warehouse, 54-57 Allison Street, Birmingham B5 5TH.
(Tenants meeting room )
Preparing for some important events coming up. New to the campaign? Please come along, meet the team and find out more.

2016-09-09 18:09:20 -0400

Next Meeting 6pm on Wednesday 14th September
The Warehouse, 54-57 Allison Street, Birmingham B5 5TH.
(Tenants meeting room )

Join us to continue working towards our goal. We will be contacting Councillors and preparing for some exciting opportunities to spread the word and gain support in the Midlands. Love to see you there.
Regards Kay ( coordinator)

2016-06-22 17:23:47 -0400

Next Meeting Wednesday 29th June.
from 6.30pm onwards at The Warehouse , 54-57 Allison Street, Birmingham B5 5TH.

Ellen from 350.org will be joining our meeting to offer support for the campaign- COME AND JOIN US!
Planning events and actions for the next few months- your ideas and support would be most appreciated. It would be great to see you there.

2016-05-19 16:29:22 -0400

Hi next meeting confirmed as next Wednesday the 25th May @ The Warehouse 54-57 Allison Street, Birmingham B5 5TH.
Meeting from 6.30 onwards to be finished by 8.30 latest.
Hope to see you there.
Regards Kay ( coordinator)

2016-04-04 12:26:21 -0400

End Coal Now Tour

WHEN
Sunday, April 10, 2016 from 4:00 PM to 6:00 PM
WHERE
The Warehouse - 4-57 Allison Street, Birmingham B5 5TH, United Kingdom -

https://www.eventbrite.com/e/end-coal-now-tour-tickets-2402…

2016-01-25 19:09:15 -0500

Divest West Midlands Pension Fund-Bursting The Bubble
Saturday, February 13, 1:00 PM
Meeting outside The Town Hall , Birmingham
Giant bubbles, umbrellas with divestment messages to protect us when they burst.

Now we have their attention-we will be highlighting our campaign to get West Midlands Pension Fund to divest from Fossil Fuels.

We will invite the public to sign paper copies and give out valentines day leaflets to promote the campaign.Green heart face painting to serve as a talking point with friends family and neighbours when they are home.

Come and join us

Sign up ; http://act.350.org/event/show-love-divest_attend/12204

2016-01-05 21:45:33 -0500

Come and help plan the campaign.
Next meeting ;13th January 6.30pm-8.30pm
The Warehouse, 54-57 Allison Street, Digbeth,
Birmingham, B5 5TH
Please attend if you are able.
We will also be discussing a possible 'Divestment Day' in February all ideas welcome.

2015-12-08 19:35:53 -0500

Don't forget;
Divest West Midlands Pension Fund planning meeting 9th December,
6.30pm at The Warehouse, 54-57 Allison Street, Digbeth,
Birmingham, B5 5TH

2015-11-11 05:12:44 -0500

Our next meeting is on Wednesday 9th December at 6.30pm. Meeting @ The Warehouse, 54-57 Allison Street, Digbeth , Birmingham, B5 5TH. We are going to plan our next steps. You are most welcome to attend.
There are three showings of Naomi Klein’s ‘This Changes Everything’ coming up locally:
• Stourbridge- this Saturday 14th November – Hosted by ‘Stourbridge Transition’ details can be found on their website; http://transitionstourbridge.co.uk/2015/10/29/film-this-changes-everything-saturday-14th-november/
• Birmingham-Thursday 10th December - BFoE are promoting this Just Film Co-op's screening of This Changes Everything. It's taking place at the Birmingham Midland Institute ( http://www.bmi.org.uk/ ) between 18:30-21:00. Tickets are £5.
• Bilston - Details T.B.C I will forward these once available

2015-10-20 18:49:36 -0400

We are meeting as Divest WMPF next week.I hope you are able to attend on such short notice.
The meeting will be on Thursday 29th October pm @
The Warehouse, 54-57 Allison Street, Digbeth, Birmingham,
B5 5TH.
Time to be confirmed.
A meeting to arrange a local event on 28th November arising from the 'Power Through Paris' Workshop is also happening there either before or after us.You are welcome to attend this if you are interested in helping organising the event

2015-10-14 18:04:45 -0400

Thankyou to Birmingham FOE for this brilliant action on reclaim the power.A funeral for fossil fuels- in support or our Divest WMPF campaign see link for write up; http://www.birminghamfoe.org.uk/news-events/news/campaigners-hold-funeral-for-fossil-fuel-investments/
https://www.facebook.com/DivestWMPF/photos/pcb.546487155498434/546486262165190/?type=3&theater

2015-10-06 12:16:13 -0400

You may be interested in this;We will think about how our divestment campaign can build momentum.
Sign up for;
Power Through Paris Workshop
Event signup link:
http://act.350.org/…/power-through-paris-workshops_at…/11162
Sunday, October 11, 1:30 PM
Bilston Town Hall
The Town Hall, Church Street, Bilston,, Wolverhampton, WV14 0AT, United Kingdom

Event Description
The workshop will help us build energy, learn how movements build momentum, and lay out 350’s plans of “Power Through Paris”—including how we’re planning now to escalate after the Paris climate talks, regardless of their outcome.
It will also be a chance for local groups concerned with climate change to network and build together.

2015-10-03 16:03:00 -0400

Hi we recieved a reply from WMPF- nothing new, we have got a fight on our hands to persuade them! Will post next meeting once date set.

2015-09-25 10:14:19 -0400

To see the letter we delivered go to www.facebook.com/DivestWMPF .
It is in three parts -you'll have to scroll the timeline but part1 is pinned to the top!
Enjoy
Kay

2015-09-25 09:51:06 -0400

Letters delivered -we await their response!
See photo ; https://www.facebook.com/DivestWMPF/photos/a.528458980634585.1073741827.528455247301625/540894269391056/?type=3
Campaign officially launched as part of
Go Fossil Free
see; http://gofossilfree.org/uk/pensions/

2015-09-25 02:55:22 -0400

100 signatures reached

2015-09-22 04:48:42 -0400

Action: This Friday 25th September, Wolverhampton Council House, 12 midday-12.30~
Letter delivery to WMPF calling on them to divest - official launch of campaign. Coinciding with a national data release from 350.org.
Be great to see you there

2015-09-16 18:55:24 -0400

We are on Twitter too now @Divest WMPF -follow to keep in touch

2015-09-16 18:53:07 -0400

Action: Friday 25th September, Wolverhampton Council House, around 12 midday ( time to be confirmed).
Letter delivery to WMPF calling on them to divest - official launch of campaign. Coinciding with a national data release from 350.org.
Be great to see you there.

2015-09-04 17:07:48 -0400

Meeting Tuesday 8th September,5.30pm @ The Sunflower Lounge , 76 SMALLBROOK QUEENSWAY ,BIRMINGHAM , B5 4EG.
Contact me if you can attend or if you have any ideas/ questions to be raised.

2015-09-01 07:00:32 -0400

50 signatures reached

2015-08-26 16:50:42 -0400

Hi I've set up a facebook page now to promote the campaign; Divest WMPF. Looking for people who want to be more actively involved/ have ideas to share. Going to relaunch campaign to coincide with public launch of 350.org online tool to enable people to check how much money their pension funds have invested in Fossil Fuels. Delivering open letter to the chair of the WMPF investments commitee asking them to come on board with the move to divest the £190 million + currrently invested in coal oil and gas.

2015-04-17 09:27:05 -0400

25 signatures reached

2015-02-09 10:01:49 -0500

10 signatures reached