Browsing Tag
Lothian Pension Fund
16 posts
Scots pension funds invest nearly half a billion in firms still doing business in Russia
Scotland’s two largest local government pension funds have nearly half a billion pounds invested in firms which are still doing business in Russia.
Councillors call for local government pension funds to bin fossil fuels
Councillors from four rival political parties have called on Scottish local government pension funds to end their investments in fossil fuel companies.
Scots pension fund refuses to divest from Russian bank
Scotland's second largest council pension fund has refused to divest from a Russian bank which was sanctioned after Russia's invasion of Ukraine.
Lothian Pension Fund invests in US firm behind Grenfell cladding panels
Scotland’s second largest council pension fund has shares worth £847,000 in a firm that made the cladding panels found to be the main cause of the Grenfell Tower fire that killed 72 people.
UN urges pension funds to divest from firms linked to Israeli settlements
The United Nations is urging local government pension schemes (LGPS) to divest from companies linked to Israel’s settlements in the West Bank and East Jerusalem - which are illegal under international law.
Lothian Pension Fund’s investment in fossil fuels up by almost 40 per cent
Lothian Pension Fund’s investments in fossil fuels has increased by £64 million - almost 40 per cent - since last year, according to new research.
Council pension funds’ investments in fossil fuels could lose value, claims report
Investments in fossil fuels by council pension funds could become less valuable as the energy market transforms, warns a new report.
Scots pension funds put £90m in firms linked with US rights abuses
Scotland’s largest council pension funds have investments worth £90 million in companies profiting directly from President Donald Trump’s immigration enforcement agency.
Council fund invested £7m in Israeli bank fined for football bribe scandal
A council pension fund has shares worth nearly £7m in an Israeli bank fined in the US for its involvement in a Fifa corruption scandal.