abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

8 Jul 2019

Author:
Jonathan Prynn, Evening Standard

UK: Almost half of Londoners say City should stop investing in fossil fuel companies

"Nearly half of Londoners 'think City should stop investing in fossil fuel companies'", 1 July 2019

Almost half of Londoners think the City should stop investing in companies that make their money from fossil fuels such as oil, gas or coal, according to a new survey.

Even more (54 per cent) think personal pension funds should give customers the option of investing their money in fossil fuel-free investments...

Around half also want major companies that fail to comply with the greenhouse gas reduction targets agreed at the Paris Climate Agreement to be thrown out of the Stock Market...

Alice Garton, head of climate for environmental law organisation ClientEarth, said: “These results show Londoners are calling for big, bold ideas... They also want corporations held to account, and their business models made to be in line with the Paris Agreement..."

...