The Mayor of Amsterdam has publicly pressured Dutch pension fund APB to divest from fossil fuel investments, according to Fossil Free Europe. According to the Fossil Free Europe initiative, a project of global climate movement 350.org, Mayor of Amsterdam Eberhard van der Laan penned a letter to the board of Dutch … [continued]
New figures suggest that UK local council pension funds lost up to £683 million because of failed investments in coal. According to new calculations by Platform London, and released in conjunction with 350.org, Friends of the Earth, and Community Reinvest, failed investments in coal firms caused by the recent coal crash cost … [continued]
Two Canadian pension funds have announced an agreement with Spanish banking giant Banco Santander to jointly acquire a portfolio of renewable energy and water infrastructure assets which is valued at over $2 billion. The pension funds, Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board (PSP Investments) will … [continued]
