Environmental group say now is time for Tayside Pension Fund

Environmental group say now is time for Tayside Pension Fund to ditch fossil fuels
Updated: February 23, 2021, 10:55 am
© Gareth Jennings/DCT Media
Andrew Llanwarne and Mary Henderson, from Friends of the Earth Tayside, are leading the campaign
An environmental group is urging the Tayside Pension Fund to move its investments out of fossil fuels as a worldwide push for greener energy gathers momentum.
Friends of the Earth (FOTE) Tayside is questioning the “persistent belief” such investments are sound and say switching to renewable energy companies would be beneficial both environmentally and financially.
FOTE say it currently has £117 million invested in the industry, despite Dundee City Council having declared a climate emergency in June 2019.

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