Stirling Council Stirling Council

Stirling Council back managed divestment from fossil fuel pension fund shares

Click here for more news and sport from the Stirling area.In her written response to councillor Tollemache, councillor Brisley said: ‘I am aware that the global shift from the use of fossil fuels for energy generation to more sustainable energy sources has implications for the assets held by pension funds, and the returns generated from those asset holdings.‘I would be very concerned if any of the pension funds that our employees are members of were not responding to that climate challenge and making investment and divestment decisions accordingly.‘I would also be concerned if pension funds were making divestment decisions in an unmanaged manner to the clear detriment of the financial interests of their current and future members.‘While the.

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