Divest Parliament

Join the campaign to divest the £612m Parliamentary Pension Fund of fossil fuels, and show leadership on climate action.

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Preventing dangerous climate change means leaving at least 80% of known fossil fuel reserves in the ground.  If our politicians are serious about tackling climate change, they shouldn’t be investing in them.
We’re calling on MPs to show leadership on climate action by divesting their pension from fossil fuels, and reinvesting in the sustainable economy of the 21st century.

 


If you contact your MP with this tool we (350.org) will send you periodic campaign updates. 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.

supportive mps
about the campaign

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about the campaign

Already over 600 organisations and tens of thousands of individuals with assets worth over $3.4 trillion have made commitments to divest from fossil fuels, making this the fastest growing divestment movement the world has ever seen.

A group of cross-party MPs has been talking with the MPs Pension Fund since 2014  about climate risk and transparency, but the Trustees responses have failed to address the members concerns.

‘Divest Parliament’ is a campaign asking MPs to show leadership on climate action and responsible investment by supporting action on their own pension fund.

 

more about the campaign
why divest?

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supportive mps

Caroline Lucas MP, Green Party

Caroline Lucas MP, Green Party

Barry Gardiner MP, Labour Party

Barry Gardiner MP, Labour Party

Laura Sandys, Conservative Party

Laura Sandys, Conservative Party

Liz Saville-Roberts MP, Plaid Cymru

Liz Saville-Roberts MP, Plaid Cymru

Current Members of Parliament
Heidi Alexander, Labour Party
Roberta Blackman-Woods, Labour Party
Paul Blomfield, Labour Party
Benjamin Bradshaw, Labour Party
Kevin Brennan, Labour Party
Karen Buck, Labour Party
Ronnie Cowan, Scottish National Party (SNP)
Stella Creasy, Labour/Co-operative Party
Geraint Davies, Labour/Co-operative Party
Thangam Debbonaire, Labour Party
Stephen Doughty, Labour/Co-operative Party
Frank Field, Labour Party
Paul Flynn, Labour Party
Gill Furniss, Labour Party
Barry Gardiner, Labour Party
Mary Glindon, Labour Party
Roger Godsiff, Labour Party
Kate Green, Labour Party
Margaret Greenwood, Labour Party
David Hanson, Labour Party
Carolyn Harris, Labour Party
Helen Hayes, Labour Party
Meg Hillier, Labour/Co-operative Party
Rupa Huq, Labour Party
Imran Hussain, Labour Party
Diana Johnson, Labour Party
Norman Lamb, Liberal Democrats
David Lammy, Labour Party
Ivan Lewis, Labour Party
Rebecca Long-Bailey, Labour Party
Caroline Lucas, Green Party
Rachael Maskell, Labour Party
Kerry McCarthy, Labour Party
Catherine McKinnell, Labour Party
Ian Murray, Labour Party
Lisa Nandy, Labour Party
Matthew Pennycook, Labour Party
Steve Reed, Labour/Co-operative Party
Liz Saville-Roberts, Plaid Cymru
Barry Sheerman, Labour/Co-operative Party
Tommy Sheppard, Scottish National Party (SNP)
Tulip Siddiq, Labour Party
Andrew Slaughter, Labour Party
Jeff Smith, Labour Party
Cat Smith, Labour Party
Karin Smyth, Labour Party
Jo Stevens, Labour Party
Gareth Thomas, Labour/Co-operative Party
Catherine West, Labour Party
Hywel Williams, Plaid Cymru
Chris Williamson, Labour Party
Daniel Zeichner, Labour Party

Former Members of Parliament
Mark Hunter, Liberal Democrats
Dr Julian Huppert, Liberal Democrats
Frank Judd, Labour Party
Mark Lazarowicz, Labour Party
John Leech, Liberal Democrats
Tom Levitt, Labour Party
Kerry Pollard, Labour Party
Laura Sandys, Conservative Party
Andy Sawford, Labour Party
Clare Short, Independent Labour
Alan Simpson, Labour Party
Naomi Long, Alliance
Michael Dugher, Labour Party
Ben Howlett, Conservative Party
Calum Kerr, Scottish National Party
Jason McCartney, Conservative Party
Caroline Ansell, Conservative Party
Mark Durkan, Social Democratic and Labour Party (SDLP)
Roger Mullin, Scottish National Party (SNP)
Greg Mulholland, Liberal Democrats
Andrew Smith, Labour Party
Robert Flello, Labour Party

Parliamentary Candidates (2017)
Andrew Aalders-Dunthorne, Liberal Democrats
James Abbott, Green Party
Robert Adamson, Liberal Democrats
Eli Aldridge, Labour Party
Gideon Amos, Liberal Democrats
David Anthony, Pirate Party
Tonia Antoniazzi, Labour Party
Simon Ashley, Green Party
Elaine Bagshaw, Liberal Democrats
Laura Bannister, Green Party
Charles Barraball, Green Party
Heather Barrie, Green Party
Pippa Bartolotti, Green Party
Helen Belcher, Liberal Democrats
Robin Bennett, Green Party
Natalie Bennett, Green Party
Sian Berry, Green Party
Paul Bidwell, Labour Party
Alastair Binnie-Lubbock, Green Party
Loraine Birchall, Liberal Democrats
David Black, Labour Party
Neil Blackburn, Pirate Party
Mark Blackburn, Liberal Democrats
James Booth, Green Party
Paula Bradshaw, Alliance
Martin Brampton, Green Party
Mark Bray-Parry, Green Party
Julian Brazil, Liberal Democrats
Eric Broadbent, Labour Party
Jane Brophy, Liberal Democrats
Ros Brown, Green Party
Andy Brown, Green Party
Matthew Buckler, Green Party
Cahal Burke, Liberal Democrats
Stephen Burke, Labour Party
Julian Burrett, Independent
Bob Buxton, Yorkshire Party
Lucy Bywater, Green Party
James Calder, Liberal Democrats
Ian Callaghan, Green Party
Sally Calverley, Green Party
Alistair Cameron, Liberal Democrats
Conor Campbell, Workers’ Party
Chris Carubia, Liberal Democrats
Bill Cashmore, Green Party
Monica Cassidy, Green Party
Aimee Challenor, Green Party
Richard Chaloner, Green Party
Greg Chambers, Labour Party
Ian Chandler, Green Party
Samantha Charles, Labour Party
Jonathan Chilvers, Green Party
Peter Chowney, Labour Party
Ellie Chowns, Green Party
Alan Clark, Labour Party
April Clark, Green Party
Kelvin Clayton, Green Party
Anna Coda, Labour Party
Geraldine Coggins, Green Party
Laura Collins, Green Party
Sophie Cook, Labour Party
Andrew Cooper, Green Party
Simon Cope, Green Party
Chris Copeman, Green Party
Darren Cormack, Conservative
Alan Cowan, Labour Party
Julian Critchley, Labour Party
Stephen Crosher, Liberal Democrats
Stuart Cullen, Conservative
Ritchie Cunningham, Liberal Democrats
Graeme Currie, Labour Party
Ashley Dalton, Labour Party
Mike Davies, Alliance for Green Socialism
Don Davies, Independent
Lois Davis, Green Party
Emma Dawnay, Green Party
Anita Day, Liberal Democrats
Paul De Hoest, Green Party
Alan De’Ath, Labour Party
John Dean, National Health Action
Michael Deem, Plaid Cymru
Nina Dluzewska, Labour Party
Jane Dodds, Liberal Democrats
Denise Donaldson, Green Party
Ryk Downes, Liberal Democrats
Sean Dromgoole, Labour Party
Rosie Duffield, Labour Party
Jack Easton, Green Party
Rachel Eden, Labour Party
Bill Edwards, Labour Party
Gareth Ellis, Green Party
Loyd Emmerson, Green Party
Barrie Fairbairn, Labour Party
Alex Feakes, Liberal Democrats
Simon Fell, Conservative
Jacquetta Fewster, Green Party
Eleanor Field, Green Party
Paul Field, Green Party
David Flint, Green Party
Wesley Foot, Green Party
Alistair Ford, Green Party
Warren Fox, Liberal Democrats
Gerald Francis, Liberal Democrats
Jarelle Francis, Green Party
Emily Frith, Liberal Democrats
Anna Fryer, Liberal Democrats
Matt Furey-King, Green Party
Lisa Gabriel, Liberal Democrats
Tamara Galloway, Green Party
Andrew Garcarz, UKIP
Christopher Garghan, Green Party
Rosalind Garton, Labour Party
Helen Geake, Green Party
James Gibson-Watt, Liberal Democrats
Dominic Giles, Green Party
Zac Goldsmith, Conservative
Andy Graham, Liberal Democrats
Tristan Gray, Liberal Democrats
Marc Green, Labour Party
Sarah Green, Green Party
Bob Griffin, Liberal Democrats
Nicole Griffiths,
Leslie Groves, Green Party
Mary Gwen, Labour Party
Richard Hadwin, Independent
Fiona Hall, Liberal Democrats
Iain Hamilton, Green Party
Meena Hans, Green Party
Zuffar Haq, Liberal Democrats
Patrick Harvie, Green Party
Sherief Hassan, Green Party
Martin Hemingway, Green Party
Nigel Hennerley, Green Party
David Herbert, Green Party
Celia Hickson, Green Party
Cara Hilton, Labour Party
Wes Hinckes, Labour Party
Therese Hirst, English Democrat
Wera Hobhouse, Liberal Democrats
Andrew Hollyer, Liberal Democrats
Adrian Holmes, Green Party
Mark Hooper, Plaid Cymru
Alex Horn, Green Party
Roy Horobin, Liberal Democrats
Martin Horwood, Liberal Democrats
Vanessa Hudson, Animal Welfare
Elizabeth Hughes, Labour Party
Neil Hughes, Liberal Democrats
Mark Hunter, Liberal Democrats
Ednan Hussain, Liberal Democrats
Carrie Hynds, Liberal Democrats
Harini Iyengar, Women’s Equality Party
Andrew Johns, Green Party
Ian Johnson, Plaid Cymru
Alan Johnson , Green Party
Sophie Johnson , Labour Party
Tanya Jones, Green Party
Ruth Jones, Labour Party
Chris Jones, Labour Party
Kirsty Jones, Green Party
Bikatshi Katenga, Yorkshire Party
Marten Kats, Green Party
Dinah Keal, Liberal Democrats
Jonathan Kent, Green Party
Bob Kilmister, Liberal Democrats
Sonia King, Green Party
Patsy King, Labour Party
Jayne Kirkham, Labour Party
Andy Kirkwood, Movement for Active Democracy
Richard Knight, Green Party
Ricky Knight, Green Party
Caroline Kolek, Labour Party
Bethan Lant, Green Party
Howling Laud’, Monster Raving Loony Party
Lee-Anne Lawrance, Green Party
Doug Lawson, Green Party
Liz Leffman, Liberal Democrats
Carmen Legarda, Green Party
Joe Levy, Green Party
Jaimes Lewis, Green Party
Eva Lily, Liberal Democrats
Stephen Lloyd, Liberal Democrats
Ivor Lobo, Green Party
Don Locke, Independent
Naomi Long, Alliance
Robin Long, Liberal Democrats
Sharon Lovell, Women’s Equality Party
Vix Lowthion, Green Party
Sarah Lunnon, Green Party
Phélim Mac, Green Party
John Mansook, Green Party
Eleanor Margolies, Green Party
Greg Marshall, Labour Party
Malcolm Martin, Christian People’s Alliance
Clive Martin, Green Party
Rabi Martins, Liberal Democrats
Josh Mason, Liberal Democrats
Brian Matthew, Liberal Democrats
Liam Matthews, Pirate Party
Peter Maughan, Liberal Democrats
Ian McCargo, Labour Party
Adam McGregor, Green Party
Claire McIlvenna, Green Party
Edward McMillan-Scott, Liberal Democrats
Lawrence McNally, Green Party
Natalie McVey, Green Party
Andy Merryfield, Labour Party
Ian Middleton, Green Party
Morwen Millson, Liberal Democrats
Layla Moran, Liberal Democrats
John Morris, Peace Party
Pat Morton, Green Party
Sam Moss, Green Party
Gordon Munro, Labour Party
Alex Murray, Green Party
Kevin Neil, Labour Party
Jeremy Newmark, Labour Party
Allen Nixon, Liberal Democrats
Daniel Norton, Liberal Democrats
Hannah O’Neill, Labour Party
Esther Obiri-Darko, Green Party
Temi Olodo, Christian People’s Alliance
David Omamogho, Christian People’s Alliance
James Osben, Labour Party
Chidi Oti-Obihara, Green Party
John Otley, Yorkshire Party
Brig Oubridge, Green Party
Chris Overton, Independent
Andrew Page, Liberal Democrats
Will Patterson, Green Party
Jill Payne, Labour Party
Amanda Pennington, Green Party
Debra Pickering, Green Party
Stephanie Pitchers, Green Party
Rob Pocock, Labour Party
Andrew Pointon, Green Party
Alistair Polson, Green Party
Sabrina Poole, Green Party
Andrew Pope, Southampton Independents
Kay Powell, Green Party
Jo Prior, Green Party
Julien Pritchard, Green Party
Katie Pruszynski, Liberal Democrats
Neil Puttick, Labour Party
Carl Quilliam, Liberal Democrats
Nigel Quinton, Liberal Democrats
Vijay Rana, Green Party
Dave Raval, Liberal Democrats
Paul Raybould, Labour Party
Alan Reid, Liberal Democrats
Peter Reisdorf, Liberal Democrats
Morvern Rennie, Green Party
George Richard, Green Party
Joe RIchards, Liberal Democrats
Sue Roberts, Green Party
Logan Robin, Green Party
Jodian Rodgers, Money Free Party Resources Shared Equitably
Jan Ross, Labour Party
Catherine Ross, Green Party
Tina Rothery, Green Party
Catherine Rowett, Green Party
Caroline Russell, Green Party
Lloyd Russell-Moyle, Labour Party
Simon Saggers, Green Party
Larry Sanders, Green Party
Liz Savage, Labour Party
Molly Scott, Green Party
Daniel Scott, Labour Party
Russell Secker, Green Party
Rachael Shah, Green Party
Peter Shearman, Labour Party
Catherine Shelley, Green Party
Theo Simon, Green Party
Coral Simpson, Green Party
Peter Sims, Green Party
Vikki Slade, Liberal Democrats
Lorna Slater, Green Party
Patrick Smith, Liberal Democrats
James Smith, Something New
Mike Smith-Clare, Labour Party
Clive Sneddon, Liberal Democrats
Matthew Snedker, Green Party
Helen Spiby-Vann, Christian People’s Alliance
Michael Spracklin, Green Party
Chas Spradbery, Green Party
Lewis Sturrock, Something New
Jed Sullivan, Labour Party
Sophie Summerhayes, Green Party
Doug Swanney, Labour Party
Neil Taylor, Liberal
Wendy Taylor, Liberal Democrats
Emily Tester, Liberal Democrats
Diana Toynbee, Green Party
Stuart Tuckwood, Green Party
Cate Tuitt, Labour Party
Kieran Turner, Green Party
John Tutton, Green Party
Peter Underwood, Green Party
Adam Van Coevorden, Green Party
Henry Vann, Liberal Democrats
Bethan Vincent, Green Party
Andrew Wainwright, Green Party
Chris Walker, Green Party
Carl Walker, National Health Action
Sophie Walker, Women’s Equality Party
Derek Wall, Green Party
Donna Wallace, Green Party
Jonathan Wallace, Liberal Democrats
Adele Ward, Green Party
Diana Warner, Green Party
Angel Watt, Christian People’s Alliance
Steffan Webb, Plaid Cymru
Gemma Weir, Workers’ Party
Gill Westcott, Green Party
Andrew Western, Labour Party
Karen Wheller, Green Party
Jamie Whitham, Green Party
Andrew Wight, Green Party
Karen Wilkinson, Liberal Democrats
Jenny Wilkinson, Liberal Democrats
Chris Williamson, Labour Party
Jason Winstanley, Pirate Party
Sean Woodcock, Labour Party
Nick Yeomans, Independent
Tim Young, Labour Party

We’re asking that MPs show their support by signing the below pledge:

‘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.’

Please ask your MP to sign the pledge! If you need more information, please contact Divest Parliament.

If you are an MP, and are interested in signing, please let us know via this form.

why divest?

There are many reasons why MPs may want to join the thousands of organisations and individuals with assets worth over $3.4 trillion already divested, and join the fastest growing divestment movement the world has ever seen:

The Paris Agreement saw 196 countries commit to action on climate change to limit warming to 2 degrees, ideally 1.5. Fulfilling these promise means a step change in action today, including leaving 80% of known fossil fuel reserves in the ground.

From South African Apartheid to Tobacco, we know that divestment campaigns have had huge impacts at shifting the discourse on key political issues and making change in the past.  And there’s no issue that needs a gear change more than climate.

Through significant political lobbying, the fossil fuel industry has been a key barrier to meaningful legislation on climate change. Similarly with Tobacco, a powerful divestment campaign sought to reduce the political power of Big Tobacco and brought in science based policy on smoking.

By addressing climate risk in their own pension fund and supporting the divestment movement, MPs can show commitment and leadership on tackling the crucial issue of climate change and challenge the lobbying of the fossil fuel industry.

Many of those divesting from fossil fuels have used this opportunity to re-invest in the greener, cleaner technologies of the future. Renewable energy is a rapidly growing sector, with a $3 trillion annual funding gap to achieve the scale required for transition.

The low-carbon transition will mean enormous job creation across a range of sectors, with the Green Finance Initiative hoping to build the UK’s position as ‘Global Hub of Green Finance’.

The MPs’ pension fund is their own money, but the lack of transparency over where the money is going and how members concerns are addressed is an issue across the whole pension system. By addressing these issues in their own fund, policy makers can lead the way for more responsible investment practised across the board.

For many MPs integrity is important, and being invested in companies engaging in disruptive lobbying and causing climate change will be uncomfortable. They should be able to put their money where their values are.

Concerted action to decarbonise our economy, rapid technological advances in renewable energy generation and the physical constraints on extraction in a changing environment are expected to seriously devalue oil, coal and gas assets over the coming years and decades. Over $2 trillion worth of fossil fuel assets may become ‘stranded’, presenting a major financial risk to pension holders. This position has been endorsed by leading economists and financiers, including the Governor of the Bank of England, the World Bank  and the G20’s Financial Stability Board.

With decarbonisation inevitable and the renewable energy sector growing rapidly, many prudent investors are divesting from fossil fuels to protect their returns.

Updates

www.divestparliament.org
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