At 10.30am on the 12th September, Extinction Rebellion Nottingham attended the Nottinghamshire Pension Fund Committee’s monthly meeting at Nottinghamshire County Council Offices at County Hall in West Bridgford.
The Nottinghamshire County Council Pension Fund Committee’s monthly meeting was attended by Extinction Rebellion Nottingham.
Rebels attended the committee meeting and as the meeting commenced they each person stood, unveiling T-shirts with the messages ‘CLIMATE EMERGENCY and ‘DIVEST NOW’ and with tape over their mouths, they moved into the eye-line of the committee members to make their message clear.
The organisation said:
‘This action follows from an on-going email campaign which has already been taken by over 150 concerned Nottinghamshire residents including 60 members of the Pension Fund who have written to the Committee to ask them to sell their Fossil Fuel investments (over £350million) in companies such as Shell, BP and ExxonMobil, and instead buy shares in more sustainable businesses and to invest in the local economy, which tend to perform just as well or even better than the current investments.
‘Globally there is already a trend for divestment including seven UK Pension Funds who have committed to full or partial divestment, including commitments to full divestment by Southwark and Waltham Forest local authority funds
The local pension fund that has a total value of around £5 billion, is paid into by roughly 47,000 employees via 330 employers around Nottinghamshire. This includes local authorities such as The City and County Councils, Rushcliffe, Gedling, Broxtowe, Mansfield Districts and many schools and academies.’