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To: Avon Pension Fund

Petition for Avon Pension Fund to end investment in fossil fuels

1. Commit to divest entirely from fossil fuel stocks over a five year period, and to prioritise instead opportunities in emerging sectors such as energy efficiency, renewable energy, energy storage and smart energy systems.
2. The four local authorities which are the core members of the fund (Bristol City Council, Bath and North East Somerset Council, South Gloucestershire Council, and North Somerset Council) to use their full influence to push for fossil fuel divestment.

Why is this important?

As a fund member I am calling for divestment from this destructive industry and reinvestment of our money so it contributes to building a positive and sustainable future.

1. A climate emergency has been declared by local councils including Bristol, North Somerset South Gloucestershire and Bath & North East Somerset among over 100 local authorities in this country;
2. The Governor of the Bank of England has warned funds of the risk of ‘stranded assets’ if they continue to hold fossil fuel stocks;
3. The United Nations Intergovernmental Panel on Climate Change has given the world until 2030 to take action to reduce carbon emissions or face climate breakdown;
4. Around the world pension funds, sovereign wealth funds, investment houses and others have committed to divest from fossil fuels;
5. Avon Pension Fund now invests through the Brunel Pensions Partnership and has started to invest in a low carbon fund (though this fund does not exclude carbon intensive stocks);
6. This is the pension fund members’ money and fund members in local Unison branches have repeatedly resolved to seek this divestment. Unison has also called nationally and locally for divestment.

Avon

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Reasons for signing

  • I don't want my money being used to fund destructive Fossil Fuels. How can it make sense to use our investments for our future to fund the very things that are ensuring no future for all.
  • As a member of Avon Pension fund I want my money out of fossil fuels for both environmental and financial reasons. It makes sense.
  • To help ensure a sustainable future we must all cease usage of and promotion of fossil fuels.

Updates

2020-03-16 17:30:58 +0000

1,000 signatures reached

2019-10-28 14:06:02 +0000

To remind everyone also that you don't have to be a member of the APF to sign as it supports retirees, widows/ers, friends and family across the South West so please encourage all to register their stance on this.

We are nearly at 1000 signatures now for this important local campaign. Thanks everyone for signing and sharing already.
You can help us reach this target. Please share the link again!

Please also mention it to your friends and colleagues. Talk about why you signed ...it is important to connect the dots.

Thanks for all you do,

Conan Connolly

2019-08-01 10:22:12 +0100

500 signatures reached

2019-06-06 21:28:04 +0100

100 signatures reached

2019-06-06 12:16:28 +0100

50 signatures reached

2019-06-06 08:44:18 +0100

25 signatures reached

2019-06-05 22:48:56 +0100

10 signatures reached