Divestment

Meeting: 
MQT on 2015-11-18
Session date: 
November 18, 2015
Reference: 
2015/3944
Question By: 
Fiona Twycross
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

The Environment Agency's Pension Fund recently announced its intention to divest 90% of its coal assets and 50% of its oil and gas stocks by 2020, while HRH The Prince of Wales noted that charities investing in fossil fuels "represent a significant conflict to their overall mission". Given your role in appointing the Chair of the LPFA, have you discussed with the Authority the potential for fossil fuel divestment?

Answer

Answer for Divestment

Answer for Divestment

Answered By: 
The Mayor

Please see my response to oral MQ 3730 / 2015.