Environmentalists urge Glasgow councillors to divest hundreds of millions of pounds of public money from fossil fuel companies
Key worker protesters, including a cleaner, a doctor and a carer, as well as Scottish Youth Climate Strikers, hold a banner saying "Recovery for People and Planet" outside St Andrew's House, the headquarters of the Scottish Government, in Edinburgh
CAMPAIGNERS have pleaded with Glasgow councillors to fully divest hundreds of millions of pounds of public money from fossil fuel companies as climate activists revealed the shocking stakes Scotland’s largest city has in polluting industries.
Friends of the Earth (FoE) Scotland estimates that the Strathclyde Pension Fund, run by Glasgow City Council, invests £836 million in fossil fuel companies responsible for driving the climate emergency.
The research showed that companies involved include BP, Chevron and Shell and claimed the fund’s fossil fuel stake had grown by £218 million since 2020.
More from this author
It is ‘unfathomable’ that staff are having to keep doors and windows open and ask pupils to layer up for a second winter, Scottish Teachers for Positive Change and Wellbeing says
Similar stories
Furious campaigners claim that Oxford University is colluding with the council to squander £10m of public funds for a new bridge that wrecks a nature reserve, reports BERNY TORRE
