Sent to all Councillors in Swansea today.. Dear Councillor, please see the attached extract from the ANNUAL REPORT & STATEMENT OF ACCOUNTS 2017/2018: (PAGE 109) CLICK HERE We’d be interested to know if you were already aware of this? And would you support a motion to move to ethical investments? We sincerely hope you will […]
Tag: Swansea Council
A Swansea People’s Assembly at the Guildhall, why not? The idea was put forward by climate change demonstrators, aka Extinction Rebellion XR, in discussion with Swansea councillors on the Guildhall steps last Thursday. Council leader Rob Stewart’s response was simply ‘Yes, we can do that! We’re really keen to see more people involved in decision […]
Tell us a little about yourself I’m Cait Mathew representing Extinction Rebellion Swansea. I’m a Human Rights student in London and I live in Swansea outside of term time. Why are you protesting outside Swansea’s Guildhall? Climate change is a real threat to the world we live in. The planet is warming up faster than […]
Dear Swansea Council Pension Fund Member/Contributor, Extinction Rebellion congratulate Swansea Council on recently declaring a Climate Emergency. However, the investment banks, asset managers and hedge funds Swansea Council use to invest your pension in, also fund fossil fuel projects, and some of these investment vehicles are the worst offenders in funding fossil fuel projects. They […]
Swansea Council recently declared a climate emergency. We call for the council to now ACT like we are in an emergency!! Swansea Council Pension Fund still haveover £130 million invested in fossil fuels 🙁 They have committed to 50% divestment within 4 years. This is not enough! We call for 100% divestment within 12 months. […]
Swansea Council’s Pension Fund Committee may not agree to remove fossil fuel investment banks from their portfolio because these investment banks offer good returns. One of the investment banks they use is JP Morgan and Aberdeen Asset Management. However, by the time our current council employees retire, fossil fuel investment may have dried up due […]