Southwark Council pension fund promises to divest from fossil fuels

Madeleine Cuff
clock • 2 min read

Southwark, with its £1.2bn pension pot, is now the largest fund in the UK to quit coal, oil, and gas investments

Southwark Council Pension Fund has become the largest in the UK to announce plans to divest from all fossil fuel investments, with councillors citing the growing financial risks of maintaining such investments....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

The growing importance of 'social impact investing' in green business

The growing importance of 'social impact investing' in green business

Social impact investment, if we prioritise it, can unlock technology that could have an immense impact on communities, otherwise key innovations and opportunities risk being overlooked, writes Key Fund's Jane Austin

Jane Austin, Key Fund
clock 07 October 2025 • 4 min read
Royal London launches three sustainable funds

Royal London launches three sustainable funds

New funds expand the pension provider's range of sustainable funds to nine

Martin Richmond, Professional Pensions
clock 07 October 2025 • 1 min read
Study: UK pensions sector strongly backs use of ESG factors in investment decisions

Study: UK pensions sector strongly backs use of ESG factors in investment decisions

Society of Pensions Professionals survey suggests vast majority of pensions experts support consideration of ESG alongside financial returns in investment decisions

Martin Richmond
clock 06 October 2025 • 2 min read