Demand Greater Manchester divests from fossil fuels
Greater Manchester has more money invested in coal, oil and gas than any other local authority.
We're asking it to lead the way for other councils and divest.
Sign the petition to stop Manchester councils investing in fossil fuels.
Dear Greater Manchester Pension Fund,
We call on you to:
- Immediately freeze any new investments in fossil fuel companies.
- Divest from any company which is involved in the exploration or production of coal and unconventional oil or gas within two years, and from all fossil fuel companies within five years.
- Work with the Greater Manchester Combined Authority to develop and fund a low-carbon investment programme for Greater Manchester.
Pensions are about giving us a secure future. But our future security is fundamentally threatened by climate change.
Our pension funds should not be investing in oil, gas and coal firms when we know we must leave 80% of all fossil fuels in the ground to avoid catastrophic climate change.
We welcome the decision that you made last year to divest from tobacco companies because of their impact on the people of Greater Manchester, and urge you to take a similar approach with fossil fuel companies.
Manchester Friends of the Earth