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To: Hampshire Pension Fund

Let’s secure our money and our future

Let’s secure our money and our future

Hampshire Pension Fund must play its part in tackling the climate crisis. We demand that the Hampshire Pension Fund uses the power of pension assets to cut our global carbon footprint and thereby secure against stranded assets and influence a transition away from a carbon-based society.

We demand that Hampshire Pension Fund:

1 - Commits to managing its portfolio to align with the Paris target to limit temperature rise to 1.5c
2 - Publishes a strategy and timetable for achieving this alignment
3 - Reports in plain English on its investments; consult with and be advised by Pension Fund members on its investments and how they are managed.
4 - Join the Net Zero Asset Owner Alliance

Every day that we do not act we are failing ourselves and more critically our children and grandchildren. Hampshire Pension Fund must play its part in tackling this existential crisis.

Why is this important?

In 2019 Mark Carney warned that the global financial system is financing industries and activities that will raise the global temperature to 4’C above pre-industrial levels which is not consistent with life as we know it. He said “climate change could make vast reserves of oil, coal and gas “literally un-burnable”. It is therefore not only financially prudent to divest from companies that are driving climate change but a moral imperative.

We demand that the Hampshire Pension Fund uses the power of our pension assets to cut our global carbon footprint and thereby secure against stranded assets and influence a transition away from a carbon-based society.

Category

Updates

2021-03-05 00:08:33 +0000

50 signatures reached

2021-02-02 16:29:37 +0000

25 signatures reached

2021-01-29 21:11:00 +0000

10 signatures reached