Millions of UK council workers exposed to fossil fuel stranded assets risk

Madeleine Cuff
clock •

Mass data release reveals UK councils have invested £14bn of pension funds into fossil fuels

Local councils across the UK have invested £14bn of their pensions funds in fossil fuel assets, prompting warnings many local council employees, including teachers, social workers and refuse collectors,...

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

Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

More on Risk

'Silence isn't neutrality - it's a strategic risk': CISL playbook aims to shape proactive response to ESG backlash
Risk

'Silence isn't neutrality - it's a strategic risk': CISL playbook aims to shape proactive response to ESG backlash

New study explores how businesses can respond to volatile geopolitical pressures, while continuing to advance sustainability efforts

Stuart Stone
Stuart Stone
clock 07 April 2025 • 7 min read
Government announces over a thousand flood defence schemes to benefit from £2.65bn in funding
Risk

Government announces over a thousand flood defence schemes to benefit from £2.65bn in funding

Schemes protecting more than 52,000 homes and businesses from the dangers of flooding to be built or repaired under latest funding round

Stuart Stone
Stuart Stone
clock 31 March 2025 • 5 min read
US financial watchdog votes to drop legal defence of climate disclosure rules
Risk

US financial watchdog votes to drop legal defence of climate disclosure rules

US Securities and Exchange Commission will no longer defend rules it adopted only a year ago that require firms to report on their climate risks and greenhouse gas emissions

Eve Maddock-Jones
Eve Maddock-Jones
clock 28 March 2025 • 3 min read