Oxfordshire council pensions criticised for fossil fuel investment

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A petition has called for Oxfordshire County Council's pension scheme to change its portfolio.

A council employee has criticised her employer's pension scheme investment in fossil fuel companies.

Kate Robinson, who works at Oxfordshire County Council, said she was deeply concerned her money is invested in firms which carry out oil extraction. Her comments were made at a council meeting after 500 people signed a petition calling for investments to end."When I look at our pension fund, I am deeply ashamed and quite frankly alarmed by the fact that the Brunel portfolio includes fossil fuel companies," Ms RobinsonShe said the petition shows a growing consensus that the council should "put climate action at the heart of [council] decision making".

He also quoted the code of conduct and said it "clearly states an officer must not use council facilities to protest against council policy, so that was wrong"."Anything under the officer code of conduct would be dealt with outside any public meeting," she said.

 

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