Title

CLIMATE CHANGE

Councils investing £16bn of pensions into fossil fuels

More than £16bn of council pension funds have been invested into fossil fuel companies, new research has revealed.

More than £16bn of council pension funds have been invested into fossil fuel companies, new research has revealed.

The data found there was little change in the amount invested in 2016 compared to 2015, despite pressure from campaigners for pension funds to divest from fossil fuels.

The online map has been released by 350.org, Platform, Energy Democracy Project and Friends of the Earth to rank councils by their fossil fuel investments.

West Yorkshire Pension Fund member and divestment campaigner Jane Thewlis said: ‘Our pensions are investing in the companies responsible for the climate crisis.

'This flies in the face of the Paris Agreement, and of all the efforts being made locally to reduce emissions and combat climate change.'

The data shows Manchester, Dumfries and Galloway, Torfaen, Hammersmith and Fulham, and Merseyside authorities are among the most exposed to fossil fuel investments.

Waltham Forest LBC became the first local authority in the UK last year to divert its pension fund from all fossil fuels.

Friends of the Earth divestment campaigner, Deirdre Duff, said: 'It's astonishing that councils across the UK are continuing to invest vast sums of money in climate-wrecking fossil fuels through their pension funds.

'With urgent action needed to tackle the climate change crisis our local authorities should be doing far more on this issue.

'Council pension funds should pull their cash out of coal, gas and oil, and invest in the new technologies that are already helping to build a cleaner, safer future.'

CLIMATE CHANGE

Housing: Give councils the tools to act

By Heather Jameson | 03 September 2026

Councils need greater borrowing flexibility to tackle housing pressures, says Heather Jameson.

CLIMATE CHANGE

Councils bulk buying housing from developers to ease pressures

By Paul Marinko | 03 September 2026

With the housing market stalled, councils are bulk buying homes intended for private sale at huge discounts in a bid to ease their temporary accommodation co...

CLIMATE CHANGE

Turning housing ambition into local government delivery

By Victoria Searle | 02 September 2026

Andy Burnham’s pledges to end rough sleeping and usher in the biggest post-war council housebuilding programme in England places major responsibility on loca...

CLIMATE CHANGE

Building resilient communities before the next crisis

By Andrew McClelland | 27 August 2026

Creating more resilient communities is a human imperative as well as a financial one, say Duncan Shaw and Andrew McClelland.

Popular articles by Laura Sharman