Pool

Wales Pensions Partnership

Summary

Wales Pensions Partnership invests at least £227.9M into fossil fuel companies.

Cardiff and Vale of Glamorgan Pension Fund, Clwyd Pension Fund, Dyfed Pension Fund, Greater Gwent (Torfaen) Pension Fund, Gwynedd Pension Fund, Powys Pension Fund, Rhondda Cynon Taf County Pension Fund, Swansea Pension Fund are all funds contained with the Wales Pensions Partnership pool.

How much does my pool invest in fossil fuels?

subtitle

£23.1B

Fund total

56.8%

Amount screened

£227.9M

Invested in fossil fuels

1.7%

Fossil fuel percentage

NorthernBorder to CoastCentralLondon CollectiveBrunelWalesLPPI£0£2B

Wales

What type of investment are these assets?

Asset types

Pooled investmentEquities£0£100M

Which assets are invested in fossil fuels?

Fossil fuel holdings

  • Aquila Life Uk Equity Index Fund

    £66.9M

  • Aquila Life Uk Equity Index

    £28.1M

  • Blackrock Ascent Life European Equity Fund

    £14.4M

  • Ishares Emerging Markets Index Fund

    £13.6M

  • Invesco Asian Fund

    £9.8M

  • Baillie Gifford Emerging Markets Growth Fund C Acc

    £7.8M

  • Acs World Esg Tracker -xa2

    £6.3M

  • Aquila Life Gbl Dev Fundamental

    £4.5M

  • Fidelity Multi Asset Income Fund

    £3.6M

  • Aquila Life European Equity Index Fund

    £3.3M

  • Aquila Life Ccy Hdg Msci Wrld Idx S1

    £2.4M

  • Enquest

    £2.3M

  • Blackrock Am (ie) Emerg Mrkt Idx Sub Fd Inst

    £2.2M

  • Washington Soul Pattinson

    £1.8M

  • Blackrock Acs World Low Carbon Tracker Equity Fund

    £1.2M

  • Blackrock Auth Acs Wld Low Crbn Eq Tkrx2

    £900,148.26

  • Aquila Life Uk Equity Index Fd S1

    £868,392.24

  • Lf Wales Pp Absolute Return Bond Fund

    £802,417.87

  • Acs World Low Carbon Eq Tkr Fd X2

    £789,417.12

  • Sl Abrdn Global Absolute Return Strategies Fund

    £473,344.82

  • Acs World Low Carbon Equity

    £443,477.45

  • Bhp Group Ltd (aus. Listing)

    £439,190.48

  • Acs World Low Carbon Equity Tracker Fund X2

    £415,766.47

  • Fidelity Institutional Emerging Markets Fund

    £313,494.72

  • Lf Wales Pp Absolute Return Bond Fund (class A Income)

    £207,178.37

  • Link Fund Sol Ltd Wales Pp Absolute Rtn Bond

    £145,985.83

  • Acs World Low Carbon Eq Tkr Fd X2

    £21,696.28

Who manages these assets?

Asset managers

  • Blackrock

    £146.4M

  • Baillie Gifford

    £12.3M

  • Invesco

    £9.8M

  • Fidelity

    £3.9M

  • Link Fund Solutions

    £948,403.70

  • Aberdeen

    £473,344.82

  • Russell Investments

    £207,178.37

Which fossil fuels is you pension invested in?

Hydrocarbon investments

Oil & GasCoal£0£100M

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.