Divestment progress

  Keep It In The Ground Lewes and Divest East Sussex have been very active in the last three years, and in the wider world the divestment movement is having a transforming effect. Some local activities have been: getting the Pension Committee to commit ‘to putting 11% of the Funds held in their passive investment portfolio into the UBS Climate Aware Fund’, which has reduced investments in fossil fuel companies and increased investments in renewable energy.

As at June 2017, the East Sussex Pension Fund was estimated to have at least £150m invested in fossil fuels.

Read more here...