Local Government Pension Scheme

Merseyside Pension Fund

Summary

About this fund

Merseyside Pension Fund invests at least £155.1M into fossil fuel companies.

Merseyside Pension Fund belongs to the Northern Lgps Pool pool.

Other funds in this pool

How much does my council invest in fossil fuels?

subtitle

£11B

Fund total

62.6%

Amount screened

£155.1M

Invested in fossil fuels

2.3%

Fossil fuel percentage

Merseyside

What type of investment are these assets?

Asset types

Which assets are invested in fossil fuels?

Fossil fuel holdings

  • Shell Plc Ord Eur0.07

    £41.4M

  • Mpf All World Equity Climate Balanced Multi- Factor Index Hk3v

    £20.3M

  • Bp Ord Usd0.25

    £20.1M

  • M&g Investment Man Global Emerging Mkts A Acc

    £12.3M

  • Totalenergies Se

    £9.2M

  • Clp Holdings Ltd Npv

    £7.4M

  • Amundi Funds Ems Eq Focus Q I Gbp Acc

    £6.4M

  • Origin Energy Ltd Npv

    £5.6M

  • Rwe Ag Npv

    £5.2M

  • Bhp Group Limited

    £4.8M

  • Capricorn Energy Plc Ord Gbp0.01615384615

    £3.5M

  • Mpf Emerging Markets Eqty Index

    £2.4M

  • Schroder Unit Trst Schrdr Stg Broad Mkt Bd X A

    £2.1M

  • Glencore Plc Ord Usd0.01

    £1.7M

  • China Petroleum & Chemical Corp Cny1'h'shs

    £1.5M

  • Repsol Sa Eur1

    £1.4M

  • Schroder Unit Trst Schroder Long Dated Corp Bd

    £1.3M

  • Enagas Sa Eur1.50

    £1.3M

  • Marubeni Corp Npv

    £1M

  • Eni Spa Eur1

    £976,143.46

  • E.on Se Npv

    £842,240.22

  • Kkr & Co Inc Cl A Cl A

    £795,083.58

  • Itochu Corp Npv

    £534,179.64

  • Challenger Energy Ord Gbp0.0002

    £396,482.50

  • Power Assets Hldgs Npv

    £388,152.16

  • Engie Comstk

    £346,599.48

  • Nextera Energy Inc Com

    £293,670.39

  • Uniper Se Npv

    £264,051.53

  • Bhp Billiton Ltd Cdi Npv

    £187,595.39

  • Genting Bhd Npv

    £142,364.59

  • Enel Spa Eur1

    £134,287.20

  • National Grid Ord Gbp0.12431289

    £124,790.26

  • Snam Npv

    £78,726.72

  • Mitsui & Co Ltd Npv

    £74,969.77

  • Soul Pattinson(wh) Npv

    £72,183.51

  • Enbridge Inc Com Npv

    £70,440.37

  • Duke Energy Corp New Com New Com New

    £65,308.35

  • Pol.gorn.naft.i Ga Pln1.00

    £64,416.08

  • Xcel Energy Inc Com

    £51,273.42

  • Ameren Corp Com

    £48,655.58

  • Sempra Com

    £45,985.72

  • Tc Energy Corporat Com Npv

    £45,960.99

  • Fortis Inc Com Npv

    £44,416.67

  • Fortum Oyj Eur3.40

    £44,372.10

  • Southern Co Com Stk

    £40,557.15

  • Williams Co Inc Com

    £39,778.55

  • Dte Energy Co Com

    £32,755.02

  • Aes Corp Com

    £31,706.57

  • Wec Energy Group Inc Com

    £30,430.56

  • Equinor Asa Nok2.50

    £20,655.40

  • Alliant Energy Corp Com

    £20,307.72

  • Mitsubishi Corp Npv

    £20,153.51

  • Cms Energy Corp Com

    £16,598.63

  • Amer Elec Pwr Co Inc Com

    £12,487.82

  • Dominion Energy Inc Com Stk Npv

    £9,372.29

  • Pinnacle W. Cap Corp Com

    £7,480.82

  • Sembcorp Industrie Npv

    £7,102.46

  • Seven Group Hldgs Npv

    £5,657.29

  • Nisource Inc Com

    £2,511.83

Who manages these assets?

Asset managers

  • Unknown

    £152.8M

  • State Street Global Advisers

    £2.4M

Which fossil fuels is you pension invested in?

Hydrocarbon investments

Where in the world your pension funds fossil fuels

Map

Source: Urgewald, GOGEL 2022

Councillors

If it’s bad for the environment, it’s bad for your retirement. Here are some of the things you can do to get your council to stop funding fossil fuels:

  • Seek representation on your council’s pension fund committee and push for divestment as a popular, moral and financially prudent decision.

  • Pass a divestment motion to sell all shares in fossil fuel companies within a defined number of years.

  • Identify local investment priorities that your pension fund can invest in, as other pension funds have done. Utilise public pension investments for the social good.

Fund managers

The Fossil Fuel age is ending, and financial markets know it. If pension fund committees don’t move their members’ money out of fossil fuels soon; lowering prices, financial instability and likely bankruptcies could cause huge losses.

    Everyone

    This movement has moved trillions out of the fossil fuel industry. But we need to go further, and we need to go faster. Whether you’re a finance wizz, an experienced campaigner, a pension fund member, a union member or completely new to all of this - we need you.

    Join the hundreds of people all across the UK campaigning for fossil free pensions;

    • Find out what your pension is funding and talk to your friends and neighbours about it. Remember, our pensions are for us - you can inform how they are invested too.

    • Work with others! There are 50+ groups campaigning for their pension fund to stop funding fossil fuels. Join one near you, or set one up yourself!

    • Contact your councillors and ask them to prevent public pensions becoming fossil fuel playthings. Use the resources on our website to make your case.