200 MPs have pledged to

Divest Parliament

Big news: Over 200 current and former MPs have signed the Divest Parliament pledge. Share the news and get involved >>

 

200 Cross-Party MPs Pledge to #DivestParliamentBig news: 200 cross-party MPs have pledged to Divest Parliament! 🎉 In a time of climate breakdown, it’s unacceptable for our politicians to be investing in fossil fuels. Together, we’re pushing our demand for a Fossil Free world to the top of the political agenda. 💪 Get involved: divestparliament.org

Posted by Divest Parliament on Monday, 3 December 2018

 

More than 200 MPs and former MPs from across the political spectrum have come together to make a clear statement: it is unacceptable for our political leaders to be investing in fossil fuels at a time of climate breakdown.

Our political leaders are failing us on climate action. But together, we’re pushing our demand for a Fossil Free world to the top of the political agenda – where it firmly belongs.

Over 200 MPs agree: we need a Fossil Free future. It’s time to Divest Parliament.

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Divest Parliament

Big news: 200 MPs from across the political spectrum have now pledged to Divest Parliament!

We’ve got a plan to win the campaign to Divest Parliament in 2019, but we need everyone to get involved.

Sign up for campaign updates and to hear about ways to get involved, and head to the Divest Parliament website for more ways to take action.

 

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Pledged MPs

Hundreds of former and current MPs from across the political spectrum have signed the Divest Parliament pledge. View the pledge and get your MP on board >>

MP NameConstituencyParty AffiliationCurrent MP?
Naomi LongN/AAllianceNo
Ben HowlettN/AConservative PartyNo
Caroline AnsellN/AConservative PartyNo
Jason McCartneyN/AConservative PartyNo
John GummerN/AConservative PartyNo
Laura SandysN/AConservative PartyNo
James HeappeyWellsConservative PartyYes
David WarburtonSomerton and FromeConservative PartyYes
Dr Dan PoulterCentral SuffolkConservative PartyYes
Heidi AllenSouth CambridgeshireConservative PartyYes
Justine GreeningPutneyConservative PartyYes
Luke GrahamOchil and South PerthshireConservative PartyYes
Sarah WollastonTotnesConservative PartyYes
Sir Oliver LetwinWest DorsetConservative PartyYes
Trudy HarrisonCopelandConservative PartyYes
Zac GoldsmithRichmond ParkConservative PartyYes
Caroline LucasBrighton, PavilionGreen PartyYes
Frank FieldBirkenheadIndependentYes
Jared O'MaraSheffield HallamIndependentYes
Clare ShortN/AIndependent LabourNo
Alan SimpsonN/ALabour PartyNo
Andrew SmithN/ALabour PartyNo
Andy SawfordN/ALabour PartyNo
Ann CryerN/ALabour PartyNo
Frank JuddN/ALabour PartyNo
Heidi AlexanderN/ALabour PartyNo
Kerry PollardN/ALabour PartyNo
Lynne JonesN/ALabour PartyNo
Mark LazarowiczN/ALabour PartyNo
Michael DugherN/ALabour PartyNo
Robert FlelloN/ALabour PartyNo
Tom LevittN/ALabour PartyNo
Valerie DaveyN/ALabour PartyNo
Afzal KhanManchester, GortonLabour PartyYes
Dr Alan WhiteheadSouthampton, TestLabour PartyYes
Alex NorrisNottingham NorthLabour PartyYes
Alex SobelLeeds North WestLabour PartyYes
Alison McGovernWirral SouthLabour PartyYes
Andrew GwynneDenton and ReddishLabour PartyYes
Andrew SlaughterHammersmithLabour PartyYes
Angela RaynerAshton-under-LyneLabour PartyYes
Angela SmithPeninstone and StocksbridgeLabour PartyYes
Anna McMorrinCardiff NorthLabour PartyYes
Anneliese DoddsOxford EastLabour PartyYes
Bambos CharalambousEnfield, SouthgateLabour PartyYes
Barry GardinerBrent NorthLabour PartyYes
Benjamin BradshawExeterLabour PartyYes
Carolyn HarrisSwansea EastLabour PartyYes
Cat SmithLancaster and FleetwoodLabour PartyYes
Catherine McKinnellNewcastle upon Tyne NorthLabour PartyYes
Catherine WestHornsey and Wood GreenLabour PartyYes
Chris ElmoreOgmoreLabour PartyYes
Chris WilliamsonDerby NorthLabour PartyYes
Chuka UmunnaStreathamLabour PartyYes
Clive LewisNorwich SouthLabour PartyYes
Dan CardenLiverpool, WaltonLabour PartyYes
Daniel ZeichnerCambridgeLabour PartyYes
Danielle RowleyMidlothianLabour PartyYes
Darren JonesBristol North WestLabour PartyYes
David DrewStroudLabour PartyYes
David HansonDelynLabour PartyYes
David LammyTottenhamLabour PartyYes
Dawn ButlerBrent CentralLabour PartyYes
Debbie AbrahamsOldham East and SaddleworthLabour PartyYes
Diana JohnsonKingston upon Hull NorthLabour PartyYes
Dianne AbbottHackney North and Stoke NewingtonLabour PartyYes
Dr Rosena Allin-KhanTootingLabour PartyYes
Edward MilibandDoncaster NorthLabour PartyYes
Emma Dent CoadKensingtonLabour PartyYes
Fabian HamiltonLeeds North EastLabour PartyYes
Geoffrey RobinsonCoventry North WestLabour PartyYes
Gill FurnissSheffield, Brightside and HillsboroughLabour PartyYes
Harriet HarmanCamberwell and PeckhamLabour PartyYes
Helen GoodmanBishop AucklandLabour PartyYes
Helen HayesDulwich and West NorwoodLabour PartyYes
Hiliary BennLeeds CentralLabour PartyYes
Holly LynchHalifaxLabour PartyYes
Ian LucasWrexhamLabour PartyYes
Ian MearnsGatesheadLabour PartyYes
Ian MurrayEdinburgh SouthLabour PartyYes
Imran HussainBradford EastLabour PartyYes
Ivan LewisBury SouthLabour PartyYes
Janet DanbyLewisham EastLabour PartyYes
Jeff SmithManchester, WithingtonLabour PartyYes
Jenny ChapmanDarlingtonLabour PartyYes
Jeremy CorbynIslington NorthLabour PartyYes
Jo StevensCardiff CentralLabour PartyYes
Joan RyanEnfield NorthLabour PartyYes
John McDonnellHayes and HarlingtonLabour PartyYes
Jonathan ReynoldsStalybridge and HydeLabour PartyYes
Julie CooperBurnleyLabour PartyYes
Karen BuckWestminster NorthLabour PartyYes
Karin SmythBristol SouthLabour PartyYes
Karl TurnerKingston upon Hull EastLabour PartyYes
Kate GreenStretford and UrmstonLabour PartyYes
Kate OsamorEdmontonLabour PartyYes
Keir StarmerHolborn and St PancrasLabour PartyYes
Kerry McCarthyBristol EastLabour PartyYes
Kevin BrennanCardiff WestLabour PartyYes
Laura SmithCrewe and NantwichLabour PartyYes
Liam ByrneBirmingham, Hodge HillLabour PartyYes
Lisa NandyWiganLabour PartyYes
Lloyd Russell-MoyleBrighton, KemptownLabour PartyYes
Louise HaighSheffield, HeeleyLabour PartyYes
Madeleine MoonBridgendLabour PartyYes
Margaret GreenwoodWirral WestLabour PartyYes
Mark TamiAlyn and DeesideLabour PartyYes
Marsha de CordovaBatterseaLabour PartyYes
Mary CreaghWakefieldLabour PartyYes
Mary GlindonNorth TynesideLabour PartyYes
Matt RoddaReading EastLabour PartyYes
Matthew PennycookGreenwich and WoolwichLabour PartyYes
Matthew WesternWarwick and LeamingtonLabour PartyYes
Mike HillHartlepoolLabour PartyYes
Mohammed YasinBedfordLabour PartyYes
Naz ShahBradford WestLabour PartyYes
Neil CoyleBermondsey and Old SouthwarkLabour PartyYes
Paul BlomfieldSheffield CentralLabour PartyYes
Paul FlynnNewport WestLabour PartyYes
Paula SherriffDewsburyLabour PartyYes
Peter KyleHoveLabour PartyYes
Rachael MaskellYork CentralLabour PartyYes
Rebecca Long-BaileySalford and EcclesLabour PartyYes
Richard BurgonLeeds EastLabour PartyYes
Roberta Blackman-WoodsCity of DurhamLabour PartyYes
Roger GodsiffBirmingham, Hall GreenLabour PartyYes
Rosie CooperWest LancashireLabour PartyYes
Rosie DuffieldCanterburyLabour PartyYes
Rupa HuqEaling Central and ActonLabour PartyYes
Ruth CadburyBrentford and IsleworthLabour PartyYes
Ruth GeorgeHigh PeakLabour PartyYes
Sandy MartinIpswichLabour PartyYes
Sarah JonesCroydon CentralLabour PartyYes
Sir David CrausbyBolton North EastLabour PartyYes
Stephen PoundEaling NorthLabour PartyYes
Sue HaymanWorkingtonLabour PartyYes
Tanmanjeet Singh DeshiSloughLabour PartyYes
Thangam DebbonaireBristol WestLabour PartyYes
Thelma WalkerColne ValleyLabour PartyYes
Toby PerkinsChesterfieldLabour PartyYes
Tonia AntoniazziGowerLabour PartyYes
Tracy BrabinBatley and SpenLabour PartyYes
Tulip SiddiqHampstead and KilburnLabour PartyYes
Vernon CoakerGedlingLabour PartyYes
Wes StreetingIlford, NorthLabour PartyYes
Yasmin QureshiBolton South EastLabour PartyYes
Yvonne FovargueMakerfieldLabour PartyYes
Barry SheermanHuddersfieldLabour/Co-operative PartyYes
Gareth ThomasHarrow WestLabour/Co-operative PartyYes
Ged KillenRutherglen and Hamilton WestLabour/Co-operative PartyYes
Geraint DaviesSwansea WestLabour/Co-operative PartyYes
Jo PlattLeighLabour/Co-operative PartyYes
Lucy PowellManchester CentralLabour/Co-operative PartyYes
Meg HillierHackney South and ShoreditchLabour/Co-operative PartyYes
Paul SweeneyGlasgow North EastLabour/Co-operative PartyYes
Stella CreasyWalthamstowLabour/Co-operative PartyYes
Stephen DoughtyCardiff South and PenarthLabour/Co-operative PartyYes
Steve ReedCroydon NorthLabour/Co-operative PartyYes
David SteelN/ALiberal DemocratsNo
Dr Julian HuppertN/ALiberal DemocratsNo
Greg MulhollandN/ALiberal DemocratsNo
John LeechN/ALiberal DemocratsNo
Mark HunterN/ALiberal DemocratsNo
Christine JardineEdinburgh WestLiberal DemocratsYes
Jamie StoneCaithness, Sutherland and Easter RossLiberal DemocratsYes
Jo SwinsonEast DunbartonshireLiberal DemocratsYes
Layla MoranOxford West and AbingdonLiberal DemocratsYes
Norman LambNorth NorfolkLiberal DemocratsYes
Sir Ed DaveyKingston and SurbitonLiberal DemocratsYes
Sir Vince CableTwickenhamLiberal DemocratsYes
Stephen LloydEastbourneLiberal DemocratsYes
Tim FarronWestmorland and LonsdaleLiberal DemocratsYes
Tom BrakeCarshalton and WallingtonLiberal DemocratsYes
Wera HobhouseBathLiberal DemocratsYes
Benjamin LakeCeredigionPlaid CymruYes
Hywel WilliamsArfonPlaid CymruYes
Jonathan EdwardsCarmarthen East and DinefwrPlaid CymruYes
Liz Saville-RobertsDwyfor MeirionnyddPlaid CymruYes
Calum KerrN/AScottish National Party (SNP)No
Roger MullinN/AScottish National Party (SNP)No
Alan BrownKilmarnock and LoudounScottish National Party (SNP)Yes
Alison ThewlissGlasgow CentralScottish National Party (SNP)Yes
Angela CrawleyLanark and East HamiltonScottish National Party (SNP)Yes
Angus MacNeilNa h-Eileanan an Iar (Western Isles)Scottish National Party (SNP)Yes
Brendan O'HaraArgyll and ButeScottish National Party (SNP)Yes
Carol MonaghanGlasgow North WestScottish National Party (SNP)Yes
Chris LawDundee WestScottish National Party (SNP)Yes
Chris StephensGlasgow South WestScottish National Party (SNP)Yes
David LindenGlasgow EastScottish National Party (SNP)Yes
Deidre BrockEdinburgh North and LeithScottish National Party (SNP)Yes
Douglas ChapmanDunfermline and West FifeScottish National Party (SNP)Yes
Dr Philippa WhitfordCentral AyrshireScottish National Party (SNP)Yes
Drew HendryInverness, Nairn, Badenoch and StrathspeyScottish National Party (SNP)Yes
Hannah BardellLivingstonScottish National Party (SNP)Yes
Ian BlackfordRoss, Skye and LochaberScottish National Party (SNP)Yes
Joanna CherryEdinburgh South WestScottish National Party (SNP)Yes
John McNallyFalkirkScottish National Party (SNP)Yes
Lisa CameronEast Kilbride, Strathaven and LesmahagowScottish National Party (SNP)Yes
Martin Docherty-HughesWest DunbartonshireScottish National Party (SNP)Yes
Martyn DayLinlithgow and East FalkirkScottish National Party (SNP)Yes
Mhairi BlackPaisley and Renfrewshire SouthScottish National Party (SNP)Yes
Neil GrayAirdrie and ShottsScottish National Party (SNP)Yes
Patrick GradyGlasgow NorthScottish National Party (SNP)Yes
Peter WishartPerth and North PerthshireScottish National Party (SNP)Yes
Ronnie CowanInverclydeScottish National Party (SNP)Yes
Stephen GethinsNorth East FifeScottish National Party (SNP)Yes
Stewart McDonaldGlasgow SouthScottish National Party (SNP)Yes
Stuart McDonaldCumbernauld, Kilsyth and Kirkintilloch EastScottish National Party (SNP)Yes
Tommy SheppardEdinburgh EastScottish National Party (SNP)Yes
Mark DurkanN/ASocial Democratic and Labour Party (SDLP)No

About Divest Parliament

Divest Parliament works with MPs from across the political spectrum to sign our campaign pledge calling on their pension fund to phase out its substantial investments in fossil fuels.

By engaging with their own pension fund, MPs have the opportunity to show crucial leadership on climate change, responsible investment and the transition to a sustainable economy.

The pledge asks that the Pension Fund quantifies, reviews and discloses the fund’s investments in carbon-intensive industries, engages in a dialogue with current and former MPs and publicly commits to phasing out fossil fuel investments over an appropriate time-scale.

MPs have a crucial role to play in challenging the political power of an industry that continues to push for new fossil fuels, even in the face of glaringly evident climate change impacts across the globe.

The Parliamentary Contributory Pension Fund is the main pension fund for MPs serving in the House of Commons. All MPs automatically become members of the fund when they are elected to office.

It currently has 637 active members (current MPs who are paying into the fund), 224 deferred members (former MPs who have not yet retired), and 1090 retired members (former MPs who are retired and are receiving their pension). It is governed by a board of 12 cross-party trustees who manage the fund on behalf of the members.

In March 2017, following pressure from this campaign and the office of Caroline Lucas, the trustees made public for the first time details of the twenty largest holdings in the fund. According to the latest Annual Report, the largest investments currently made by the fund include stakes in the fossil fuel companies BP (£ 7.33 million), Royal Dutch Shell (£6.6 million), Rio Tinto (£3.67 million) and Total SA (£2.93 million).

Note: This campaign is focussed solely on fossil fuels due to the gravity of climate change and the financial risks associated with fossil fuel investments. However, disclosures gained during the campaign have revealed significant investment in British American Tobacco (£7.33 million) and other controversial industries.

The fund is governed by a board of 12 cross-party trustees: ten of whom are MPs or former MPs; the other two are chosen by IPSA (the Independent Parliamentary Standards Association) and the Prime Minister. The trustees look after the fund on behalf of MPs, and have a legal duty to run it in their best interests. As members of the fund, it is ultimately MPs money, and their voices should be heard.

A group of MPs, spearheaded by Green Party Co-Leader Caroline Lucas, have been engaging directly with the Trustees on issues of climate risk since 2014, and remain unconvinced that these risks are being sufficiently considered.

Their names will be included on the public list of supporters, and they’ll be kept up to date with further progress on the campaign, as well as opportunities to get more involved, including participating in key meetings with the trustees of the fund.

By having many MPs from across the political spectrum sign our pledge, we demonstrate growing political support for divestment from fossil fuels and reinvestment into a zero-carbon future.

This support allows us to effectively pressure the trustees of the MPs pension fund and means they take the issues more seriously.

This is a numbers game. The more former and current MPs we get signing the pledge, the more pressure the fund is under to act. This is why need constituents all over the UK to engage with their MPs on the issue and ask their MP to sign our pledge!

It’s crucial that MPs focus on an impactful, long term policy agenda to keep the vast majority of fossil fuels in the ground and build a sustainable economy. However, they can also show leadership in other areas, starting with the management of their own pension fund.

Why Divest?

Thousands of organisations and individuals have divested assets worth over $7 trillion. There are many reasons for MPs to join the fastest growing divestment movement in history:

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. Between $1-4 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

200 CROSS-PARTY MPs CALL ON PENSION FUND TO DROP FOSSIL FUELS

As COP24 commences, a cross-party group of 200 MPs and former MPs has called on the MPs’ Pension Fund to phase out its substantial investment in fossil fuel giants such as Shell and BP, following growing concerns about climate change.

Host a Divest Parliament Workshop

We know it’s pressure from constituents that gets MPs to act. So the Divest Parliament team have devised a training session to empower constituents to engage effectively with their MP on climate change – and we want to bring it to where you are!

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