Just one year after launching the campaign, 100 MPs have now signed our pledge to divest their pension from fossil fuels. The MPs taking us over the 100 mark? None other than Labour leader Jeremy Corbyn and Shadow Chancellor John McDonnell.
2017 has brought soaring temperatures and devastating climate impacts. We know that stopping dangerous climate change means keeping fossil fuels in the ground.
100 MPs agree: we need a Fossil Free future. It’s time to Divest Parliament.
100 MPs is a massive milestone, but we don’t intend to stop there. Contact your MP using our email tool and ask them to sign the pledge.
If you contact your MP with this tool, 350.org will send you periodical updates on the divestment campaign. You can unsubscribe from these at any time.
How did it go? What did your MP say?
As constituents, MPs have to respond to our questions. Hopefully your MP agrees to sign the pledge straight away, but if not it would be useful to understand their concerns. Please let us know how your correspondence or meetings have gone, and we can help myth-bust common problems and provide support.You can get in contact here.
100 MPs from across the political spectrum have now pledged their support to Divest Parliament. You can view and search the full list of pledged MPs below.
Unmitigated climate change threatens to undermine our economy, shared environment and global security. Under the UK’s Climate Change Act and the Paris Agreement, the UK is committed to limiting warming to well below 2C and to aim for no more than 1.5C. This requires leaving the vast majority of fossil fuel reserves unburnt, creating the real possibility of fossil fuel assets becoming stranded – with profound implications for the global economy.
We believe Members of Parliament have a responsibility to act on climate change, and a unique opportunity to show leadership on climate action, responsible investment and the management of climate risk through addressing the practices of our own pension fund.
As MPs past and present, and members of the Parliamentary Pension Fund, we call on the Trustees to uphold their fiduciary duty and take the financial risks of climate change seriously. We ask they quantify, disclose and review the fund’s investments in carbon-intensive industries, engage in a dialogue with fund members and managers on responsible investment, and commit to phasing out fossil fuel investments over an appropriate time-scale.
Jeremy Corbyn, Leader of the Labour Party and MP for Islington North said:
“Two years on from the historic Paris Agreement, our country must show leadership in confronting the existential threat posed by climate change. One contribution we can make as MPs is to end the investment from our pension fund in fossil fuel industries, which is why I have signed the pledge. To help protect our planet, we must wean our economy off its fossil fuel dependence and do more to move towards clean and renewable energy.”
Caroline Lucas, Green Party MP for Brighton Pavilion said:
“Preventing catastrophic and irreversible climate change means leaving the vast majority of fossil fuels in the ground. By divesting our own pension fund from fossil fuels, MPs can come together to demonstrate to the public that we are committed to a just transition towards a low-carbon economy. It’s utterly unacceptable that the Parliamentary Pension Fund remains so opaque, and that MPs’ savings continue to fuel climate chaos. We need real transparency, and an ethical policy which ensures that our investments do not cause harm for the sake of short term profit.”
David Lammy, Labour MP for Tottenham said:
“After a summer of devastating hurricanes, floods and droughts, the consequences of failing to uphold the Paris Agreement have never been more apparent. It is our responsibility as MPs to take our commitments to our planet and to future generations seriously – if we are going to call for action on climate change on the floor of the House of Commons then we must lead by example and put our money where our mouths are by divesting our own pension fund and hope that others will join us in doing so.”
This is big.100 MPs including Labour leader Jeremy Corbyn have now signed the #DivestParliament pledge!In just one year, this campaign has mobilised thousands to pressure their MPs, and built incredible political support. This is truly the result of people power.Email your MP and demand climate action: divestparliament.org