Southwark LGPS commits to fossil fuel divestment

Stephanie Baxter
clock • 2 min read

Southwark Council has announced its £1.2bn pension fund will cut investments in fossil fuels and explore opportunities in sustainable energy infrastructure.

At a council cabinet meeting on 13 December, councillor Fiona Colley who chairs the pension fund, committed to moving away from fossil fuel investment over the long term, citing both ethical and fi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Look to nature for true diversification

Look to nature for true diversification

Tony Dalwood says forestry and agriculture can offer genuinely different sources of return

Tony Dalwood
clock 05 October 2026 • 3 min read
Pension scheme investment could help alleviate UK housing shortages

Pension scheme investment could help alleviate UK housing shortages

LGPS Central says it expects partner fund investment in social housing to rise to £1bn

Martin Richmond
clock 02 October 2026 • 3 min read
The Big Question: What do higher yields mean for DB schemes?

The Big Question: What do higher yields mean for DB schemes?

Perspectives from our panel of five investment managers

Professional Pensions
clock 02 October 2026 • 7 min read
Trustpilot