Waltham Forest Echo)
Waltham Forest Council pension fund first in UK to quit fossil fuels
23RD SEPTEMBER 2016
Waltham Forest Council’s pension committee has become the first in the UK to pledge to withdraw investments from the fossil fuel industry.
The news, a significant victory for local climate change campaigners, comes just a year after the grassroots group Divest Waltham Forest was formed.
At a committee meeting at Waltham Forest Town Hall last night a recommendation was approved stating that the council’s pension fund would “exclude fossil fuels from its strategy over the next five years.”
Walthamstow activist Rob Platts, a co-founder of the local divestment campaign set up in August 2015, said: “With this decision, Waltham Forest [Council] has shown true leadership.