Pool

London Collective Investment Vehicle

Summary

London Collective Investment Vehicle invests at least £867.7M into fossil fuel companies.

City of Westminster Pension Fund, Croydon Pension Fund, Enfield Pension Fund, Hammersmith & Fulham Pension Fund, Haringey Pension Fund, Havering Pension Fund, London Borough of Barking and Dagenham Pension Fund, London Borough of Brent Pension Fund, London Borough of Bromley Pension Fund, London Borough of Camden Pension Fund, London Borough of Ealing Pension Fund, London Borough of Harrow Pension Fund, London Borough of Hillingdon Pension Fund, London Borough of Hounslow Pension Fund, London Borough of Islington Pension Fund, London Borough of Lambeth Pension Fund, London Borough Of Merton Pension Fund, London Borough of Newham Pension Fund, London Borough of Southwark Pension Fund, London Borough of Sutton Pension Fund, London Borough of Waltham Forest Pension Fund, Royal Borough of Greenwich Pension Fund, Royal Borough of Kingston upon Thames Pension Fund, The City of London Corporation Pension Fund, The London Borough of Barnet Pension Fund, The London Borough of Bexley Pension Fund, The London Borough of Hackney Pension Fund, The London Borough of Lewisham Pension Fund, The London Borough of Redbridge Pension Fund, The London Borough of Tower Hamlets Pension Fund, The Royal Borough of Kensington and Chelsea Pension Fund, Wandsworth Council Pension Fund are all funds contained with the London Collective Investment Vehicle pool.

Other funds in this pool

How much does my pool invest in fossil fuels?

subtitle

£46.1B

Fund total

70.9%

Amount screened

£867.7M

Invested in fossil fuels

2.7%

Fossil fuel percentage

London Collective

What type of investment are these assets?

Asset types

Which assets are invested in fossil fuels?

Fossil fuel holdings

  • Pantheon

    £73.10M

  • National Grid Plc

    £31.7M

  • Blackrock Fm Ltd Ishares Uk Eqty Idx Uk X In

    £26.4M

  • Gpcd - World Ex Uk Dev Eqty Ind (ofc)

    £24.1M

  • Threadneedle Asset Management - Global Equity Fund

    £17.9M

  • London Lgps Civ Lt Rf Absolute Return A Gbp

    £16.6M

  • Bp P.l.c.

    £16.4M

  • Gpch - Ftserafiaw3keqindx Gbpcr Hedged Ofc

    £16.4M

  • Lciv Sustainable Equity Fund

    £15.7M

  • Uk Equity Index (ofc)

    £13.10M

  • Rbc Gbl Asst Mgmt Sustainable Equity A Gbp Di

    £13.5M

  • Lciv Absolute Return Fund

    £13.1M

  • Imperial Oil Limited

    £10.7M

  • Upad - Uk Equity Index (ofc)

    £10.7M

  • Npab - N America Equity Index (ofc)

    £10.1M

  • Gpev - Fw Global Equity Index Gbp Ofc.

    £9.6M

  • Rafi Multi-factor Climate Transition (unhedged)

    £9.6M

  • Rafi Multi-factor Climate Transition (hedged)

    £9.4M

  • Bhp Group

    £9.1M

  • Lciv Sustainable Equity

    £8.9M

  • London Lgps Civ Lt Rf Absolute Return A Gbp Di

    £8.8M

  • Rbc Gbl Asst Mgmt Sustainable Equity A Gbp

    £8.4M

  • Shell

    £8.2M

  • Kinder Morgan

    £8.1M

  • Ubs Gbl Asset Life Uk Equity Tracker A

    £7.10M

  • National Grid

    £7.7M

  • Fidelity Pensions Management

    £7.6M

  • London Lgps Civ Lt Rf Absolute Return A Gbp Di

    £7.6M

  • Cf Ruffer Absolute Return Fund I Acc

    £7.5M

  • Pyrford Global Total Return (sterling) Fund

    £7.5M

  • Absolute Return Fund

    £7.1M

  • Shell Plc Ord Eur0.07

    £6.7M

  • Blackrock Dynamic Diversified Growth Fund

    £6.4M

  • L&g Gpct-wrld Dev Equ Indx Gbp Hgd

    £6.2M

  • Lciv Sustainable Equity Fund

    £6M

  • Repsol

    £6M

  • Bp Ord Usd0.25

    £5.7M

  • Lciv Absolute Return Fund -class A Income

    £5.6M

  • Equinor

    £5.6M

  • Bp

    £5.4M

  • Lciv ‚äö√ñ√å Newton Global Equity Fund

    £5.4M

  • Lciv Newton Global Equity Fund

    £5.4M

  • Rbc Gbl Asst Mgmt Sustainable Equity A Gbp Di

    £5.2M

  • Gpev - Fwglobalequityindexgbpofc

    £4.8M

  • Fil Inv Svcs Uk Multi Asst Income I Gbp Inc

    £4.5M

  • Lciv Rbc

    £4.2M

  • London Lgps Civ Lt Rf Absolute Return A Gbp Di

    £3.10M

  • World (ex Uk) Equity Index Ofc

    £3.8M

  • Lciv Absolute Return Fund

    £3.8M

  • Gpev - Fwglobalequityindexgbpofc

    £3.6M

  • Equinor Asa

    £3.6M

  • Lciv Sustainable Equity Fund

    £3.6M

  • Uk Equity Fund, Class X Acc

    £3.4M

  • Lciv Absolute Return Fund

    £3.4M

  • Blackrock Absolute Return Bond Fund

    £3.4M

  • Lciv Passive Equity Paris Aligned

    £3.1M

  • Ubs Global Emerging Markets Opportunity Fund I-b (gbp)

    £2.9M

  • C Worldwide Global Equities - Class 5 A

    £2.7M

  • Legal & General - Future World Global Equity Index Fund

    £2.7M

  • Gpcd - World Ex Uk Dev Eqty Ind (ofc)

    £2.7M

  • Future Worlds Hedged

    £2.6M

  • Bp

    £2.6M

  • Capricorn Energy Plc Ord Gbp0.01615384615

    £2.5M

  • Fil Inv Svcs Uk Sust Uk Aggregate Bond Acc

    £2.5M

  • Acs World Esg Eq Tracker-x2a

    £2.3M

  • Merrill Lynch Fd Mlibf All Stks Corp Bond A

    £2.2M

  • World Developed Equity Index

    £2.2M

  • Future Worlds Unhedged

    £2.1M

  • Fidelity Multi-asset Income

    £2.1M

  • Baillie Gifford - Global Equities

    £2.1M

  • Fidelity - Fixed Income

    £2M

  • Standard Life Assurance Corporate Bond Series 7 Pension Fund

    £1.9M

  • Epae - Eur(ex Uk)eqty Ind(ofc)

    £1.9M

  • London Lgps Civ Lt Newton Real Return A Gbp In

    £1.8M

  • Gpcf - All World Equity Index (ofc)

    £1.8M

  • Schroder Diversified Growth

    £1.8M

  • Eqt Corporation Fixed 3.125% Due 05-15-2026

    £1.7M

  • Lciv Global Total Return Fund

    £1.7M

  • Lciv Global Equity Fund

    £1.7M

  • Ubs Life Developed World Equity Fundty Weighted Idx Fd-a Gbp

    £1.7M

  • London Lgps Civ Lt Diversified Growth A

    £1.7M

  • Lciv Global Alpha Growth Fund

    £1.6M

  • Ppl

    £1.5M

  • Blackrock Idx Sele Ishs Ems Idx Ie Flex Gbp

    £1.5M

  • London Lgps Civ Lt Global Alpha Growth A

    £1.4M

  • Gpel-fw Em Eq Indx Fund (ofc)

    £1.4M

  • All Maturities Corporate Bond Fund

    £1.4M

  • Ppab - Asiapacexjapdeveqty Ofc

    £1.4M

  • London Lgps Civ Ltd Baillie Gifford Global A

    £1.3M

  • Lciv Diversified Growth Fund

    £1.3M

  • Lciv Total Return Fund

    £1.3M

  • Legal & General - Future World Global Equity Index Fund

    £1.3M

  • Baillie Gifford (global Equities - Pooled)

    £1.2M

  • Fidelity Inv Svcs Instl Emerging Mkts - Acc

    £1.2M

  • I Shares Emerging Market Index Fund

    £1.2M

  • Lciv Global Alpha Growth Fund

    £1.1M

  • Diversifed Growth Fund

    £1.1M

  • E.on International Financ Regs 6.125% 07/06/2039

    £1M

  • Lciv Global Alpha Grow-a In

    £1M

  • Engie

    £1M

  • Bhp Billiton Finance Ltd Regs Var Rt 10/22/2077

    £993,924.16

  • Royal Lndn Ast Mgt Royal Ldn Mul Ast Cred Z Gb

    £911,690.74

  • Upad - Uk Equity Index (ofc)

    £861,746.58

  • Gpcj - Uk (world) Equity Index (ofc)

    £860,521.76

  • Diversified Growth Fund

    £853,464.41

  • Conocophillips

    £818,976.44

  • Ngg Finance Plc Regs Var Rt 06/18/2073

    £816,000

  • London Lgps Civ Lt Diversified Growth A

    £801,769.34

  • Global Alpha Equity Fund

    £792,081.53

  • Blackrock Institutional Bond Fund - Over 10 Years Corporate Bonds

    £784,639.47

  • Bp Capital Markets Plc Regs Var Rt 12/31/2049

    £784,002.57

  • Apt Pipelines Ltd 2.5% Snr Emtn 15/03/36gbp

    £709,178.98

  • London Civ Multi-assert Credit

    £686,870.94

  • Lciv Global Alpha Growth Fund

    £682,503.12

  • Chesapeake Energy

    £675,047.28

  • Lciv Diversified Growth Fund (class A Income)

    £608,064.18

  • E.on International Finance B.v. 4.75% 31/01/2034

    £576,820

  • Global High Yield Strategies Fund

    £549,701.13

  • Acs World Low Carbon Equity Tracker Fund

    £489,914.09

  • Lciv Diversified Growth Fund

    £486,993.46

  • Janus Henderson Investors - Total Return Bond Fund

    £468,313.16

  • Glencore Plc Common Stock Gbp 0.01

    £465,374.28

  • Rwe Aktiengesellschaft

    £410,907.18

  • Glencore Finance Europe Ltd 3.125% 26/03/2026

    £390,692.84

  • Lciv Mac

    £379,822.88

  • Lciv Diversified Growth Fund

    £373,045.09

  • Jpaa - Japan Equity Index (ofc)

    £351,796.42

  • Coterra Energy Inc.

    £344,574.13

  • Apt Pipelines Ltd 3.125% 18/07/2031

    £336,226.62

  • Acs World Low Carbon Eq Tkr Fd X2

    £328,004.89

  • Acs World Low Carbon Equity Tracker

    £310,689.80

  • Acs World Low Carbon Equity Tracker Fund

    £309,511.38

  • Reliance Industries Ltd 3.625% 12/01/2052

    £281,081.19

  • Mac Fund

    £272,947.57

  • Rwe Aktiengesellschaft

    £267,053.28

  • Harris Associates Global Equity Fund - Class S/a

    £266,379.65

  • Nextera Energy, Inc.

    £242,299.96

  • E.on International Finance B.v. 6.125% 06/07/2039

    £238,021.35

  • Blackrock Fm Ltd Acs World Low Carbon Eqty T

    £191,993.91

  • Apa Infrastructure Ltd Regs 3.125% 07/18/2031

    £191,378.90

  • Janus Hend Uk & Eu Jh All Stocks Credit I Acc

    £187,440.91

  • Janus Henderson Investors - All Stocks Credit Fund

    £182,384

  • China Longyuan Power Group Corporation Limited

    £181,639.56

  • Wellington

    £178,673.62

  • E.on International Financ Regs 4.750% 01/31/2034

    £173,046

  • Exxon Mobil Corporation

    £169,685.63

  • Pioneer Nat Res 0.25% 15may25

    £157,612

  • Nextera Energy, Inc.

    £132,387.48

  • London Lgps Civ Global Alpha

    £120,566.56

  • London Civ Global Alpha Growth - Paris Aligned

    £118,169.13

  • London Lgps Civ Ltd Baillie Gifford Global Alpha Paris Aligned Fund

    £106,230.55

  • Apt Pipelines Ltd 2% 15/07/2030

    £91,637.05

  • Lciv Global Alpha Growth Paris-aligned Fund (class A Inc)

    £80,442.94

  • Legal & General Ftse World (ex Tobacco)

    £69,131.89

  • Gpfu-esgparis Alignwldeq (wcl)

    £67,580.18

  • Eqt Corp Stp

    £48,303.61

  • Buckeye Partners Lp 4.5% 01mar28 144a

    £45,432.80

  • Ubs Life World Quality Companies

    £43,608.15

  • London Lgps Civ Ltd Baillie Gifford Global Alpha Paris Aligned Fund

    £41,823.91

  • Apache 4.25%

    £41,402.50

  • Cont. Res. 4.375%

    £41,064.40

  • Occidental Petrol 7.875%

    £33,797.81

  • Dominion Energy, Inc.

    £33,167.07

  • London Lgps Civ Ltd Passive Equity Progressive Paris-al A Gb

    £33,129.25

  • Tullow Oil Plc 10.25% 15may26 Regs

    £26,231

  • Enel Spa 5.75% Snr Mtn 22/06/37 Gbp

    £20,531.25

  • Bp Capital Markets 4.25% 2027 Perp

    £20,112.94

  • Acs World Low Carbon Equity Tracker Fund

    £19,688.66

  • Apache Corp 4.25% 15jan30

    £16,963

  • Bhp Group

    £16,401.60

  • Occidental Petroleum Cor 7.875% 15sep31

    £16,140.08

  • Occidental Petroleum Corp 8.5% 15jul27

    £15,536.66

  • Eqt Corp 5% 15jan29

    £12,806.70

  • Southwestern Energy Co 5.375% 15mar30

    £8,436

  • Hilcorp Energy I Lp / H 6% 01feb31 144a

    £6,111.90

  • Ascent Resources Uti 8.25% 31dec28 144a

    £5,959.80

  • Endeavor Energy Reso 5.75% 30jan28 144a

    £5,852.70

  • Enel Spa 5.75% Snr Mtn 22/06/37 Gbp

    £4,270.50

Who manages these assets?

Asset managers

  • London Collective Investment Vehicle

    £143.9M

  • Legal And General

    £143.1M

  • Pantheon

    £73.10M

  • Pyrford

    £61.8M

  • Blackrock

    £48.5M

  • Kempen Capital Management

    £43.6M

  • Threadneedle

    £19M

  • Fidelity

    £15.9M

  • Baillie Gifford

    £15.8M

  • Aberdeen

    £14.3M

  • Ubs

    £12.6M

  • Unknown

    £11.3M

  • Rbc Global Asset Management

    £9.2M

  • Newton Investment Management

    £8.6M

  • Ruffer Investment Company

    £7.6M

  • Ruffer Llp

    £7.5M

  • Pyrford International Plc

    £7.5M

  • Royal London Asset Management

    £5.1M

  • Liontrust Asset Management Plc

    £3.4M

  • Schroders

    £3.1M

  • Allianz

    £3.1M

  • C Worldwide Fund Management Sa

    £2.7M

  • Janus Henderson

    £838,138.07

  • Cqs/pimco

    £686,870.94

  • London Civ (baillie Gifford)

    £682,503.12

  • Barings

    £549,701.13

  • Lbc Credit Partners

    £465,374.28

  • Cqs

    £337,195.58

  • Harris Associates

    £266,379.65

  • Pacific Investment Management Company (pimco)

    £164,568.32

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.