As Trinity College Cambridge divests, UK council pensions still hold £10bn in fossil fuels Freedom of information requests by environmental campaigners have revealed that UK local government pensions held almost £10bn in fossil fuel companies last year, despite the trend towards climate emergency declarations. The requests reveal the pension investment trends of more than 80 UK councils The results of the requests, which pertained to investments held in the 2019/20 financial year, have been published today (23 February) by Friends of the Earth and Platform in the form of a report. The organisations sent requests to 98 local authorities and 85 provided information. Collectively, these 85 councils held £9.9bn of investments in fossil fuels through their pension schemes – the equivalent of £1,450 for each person accessing a local government pension scheme in the UK.