250+ MPs have pledged to

Divest Parliament

Big news: More than 250 MPs have signed the Divest Parliament Pledge. Ask your MP to be a climate leader and sign the pledge today.

 

 

More than 250 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 250 MPs agree: we need a Fossil Free future. It’s time to Divest Parliament.

Share on Facebook Share on Twitter

Join in

Divest Parliament: Get Involved

Sign up to get stuck in to the campaign.

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 to get involved:

Hi !

We have your contact info saved from last time, just click the button below to continue.

Not ? Sign out

Find out more about campaigns, projects, and local groups where you can make a difference!

By taking this action, you are agreeing to our terms of service and privacy policy. You can unsubscribe at any time.

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 >>

Search for your MP below using ‘Ctrl+F’ on PC, or ‘Command+F’ on Mac.


To the Trustees of the Parliamentary Pension Fund,

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.

Joan Ryan, Change UK – The Independent Group Mike Gapes, Change UK – The Independent Group
Alex Chalk, Conservative Party Antoinette Sandback, Conservative Party
Bob Neill, Conservative Party David Warburton, Conservative Party
Derek Thomas, Conservative Party Dr Dan Poulter, Conservative Party
James Heappey, Conservative Party Justine Greening, Conservative Party
Luke Graham, Conservative Party Maria Caulfield, Conservative Party
Nadine Dorries, Conservative Party Nicky Morgan, Conservative Party
Rebecca Pow, Conservative Party Richard Benyon, Conservative Party
Robert Courts, Conservative Party Sarah Newton, Conservative Party
Sir Bernard Jenkin, Conservative Party Sir Oliver Letwin, Conservative Party
Stuart Andrew, Conservative Party Trudy Harrison, Conservative Party
Zac Goldsmith, Conservative Party David Simpson, Democratic Unionist Party (DUP)
Gavin Robinson, Democratic Unionist Party (DUP) Caroline Lucas, Green Party
Angela Smith, Independent Frank Field, Independent
Heidi Allen, Independent Sarah Wollaston, Independent
Jared O’Mara, Independent Lady Hermon, Independent
Afzal Khan, Labour Party Alex Norris, Labour Party
Alex Sobel, Labour Party Alison McGovern, Labour Party
Andrew Gwynne, Labour Party Andrew Slaughter, Labour Party
Angela Rayner, Labour Party Ann Clwyd, Labour Party
Anna McMorrin, Labour Party Anneliese Dodds, Labour Party
Bambos Charalambous, Labour Party Barry Gardiner, Labour Party
Benjamin Bradshaw, Labour Party Bill Esterson, Labour Party
Carolyn Harris, Labour Party Cat Smith, Labour Party
Catherine McKinnell, Labour Party Catherine West, Labour Party
Chris Elmore, Labour Party Chris Matheson, Labour Party
Chris Williamson, Labour Party Clive Lewis, Labour Party
Dame Margaret Hodge, Labour Party Dan Carden, Labour Party
Daniel Zeichner, Labour Party Danielle Rowley, Labour Party
Darren Jones, Labour Party David Drew, Labour Party
David Hanson, Labour Party David Lammy, Labour Party
Dawn Butler, Labour Party Debbie Abrahams, Labour Party
Diana Johnson, Labour Party Dianne Abbott, Labour Party
Dr Alan Whitehead, Labour Party Dr Paul Williams, Labour Party
Dr Rosena Allin-Khan, Labour Party Edward Miliband, Labour Party
Eleanor Smith, Labour Party Ellie Reeves, Labour Party
Emily Thornberry, Labour Party Emma Dent Coad, Labour Party
Emma Lewell-Buck, Labour Party Fabian Hamilton, Labour Party
Faisal Rashid, Labour Party Geoffrey Robinson, Labour Party
Gill Furniss, Labour Party Gordon Marsden, Labour Party
Harriet Harman, Labour Party Helen Goodman, Labour Party
Helen Hayes, Labour Party Hiliary Benn, Labour Party
Holly Lynch, Labour Party Hugh Gaffney, Labour Party
Ian Lucas, Labour Party Ian Mearns, Labour Party
Ian Murray, Labour Party Imran Hussain, Labour Party
Ivan Lewis, Labour Party Jack Dromey, Labour Party
Janet Daby, Labour Party Jeff Smith, Labour Party
Jenny Chapman, Labour Party Jeremy Corbyn, Labour Party
Jessica Morden, Labour Party Jo Stevens, Labour Party
John Cryer, Labour Party John McDonnell, Labour Party
Jon Cruddas, Labour Party Jon Trickett, Labour Party
Jonathan Reynolds, Labour Party Judith Cummins, Labour Party
Julie Cooper, Labour Party Karen Buck, Labour Party
Karen Lee, Labour Party Karin Smyth, Labour Party
Karl Turner, Labour Party Kate Green, Labour Party
Kate Osamor, Labour Party Keir Starmer, Labour Party
Kerry McCarthy, Labour Party Kevin Brennan, Labour Party
Laura Smith, Labour Party Lesley Laird, Labour Party
Liam Byrne, Labour Party Lilian Greenwood, Labour Party
Lisa Nandy, Labour Party Lloyd Russell-Moyle, Labour Party
Louise Haigh, Labour Party Luke Pollard, Labour Party
Lyn Brown, Labour Party Madeleine Moon, Labour Party
Margaret Greenwood, Labour Party Marie Rimmer, Labour Party
Mark Tami, Labour Party Marsha de Cordova, Labour Party
Martin Whitfield, Labour Party Mary Creagh, Labour Party
Mary Glindon, Labour Party Matt Rodda, Labour Party
Matthew Pennycook, Labour Party Matthew Western, Labour Party
Mike Amesbury, Labour Party Mike Hill, Labour Party
Mohammed Yasin, Labour Party Naz Shah, Labour Party
Neil Coyle, Labour Party Nick Thomas-Symonds, Labour Party
Owen Smith, Labour Party Paul Blomfield, Labour Party
Paul Farrelly, Labour Party Paula Sherriff, Labour Party
Peter Kyle, Labour Party Preet Kaur Gill, Labour Party
Rachael Maskell, Labour Party Rachel Reeves, Labour Party
Rebecca Long-Bailey, Labour Party Richard Burgon, Labour Party
Roberta Blackman-Woods, Labour Party Roger Godsiff, Labour Party
Rosie Cooper, Labour Party Rosie Duffield, Labour Party
Rupa Huq, Labour Party Rushanara Ali, Labour Party
Ruth Cadbury, Labour Party Ruth George, Labour Party
Ruth Jones, Labour Party Ruth Smeeth, Labour Party
Sandy Martin, Labour Party Sarah Jones, Labour Party
Seema Malhotra, Labour Party Shabana Mahmood, Labour Party
Sharon Hodgson, Labour Party Siobhain McDonagh, Labour Party
Sir David Crausby, Labour Party Stephen Morgan, Labour Party
Stephen Pound, Labour Party Stephen Timms, Labour Party
Stephen Twigg, Labour Party Steve McCabe, Labour Party
Sue Hayman, Labour Party Tanmanjeet Singh Dhesi, Labour Party
Teresa Pearce, Labour Party Thangam Debbonaire, Labour Party
Thelma Walker, Labour Party Toby Perkins, Labour Party
Tonia Antoniazzi, Labour Party Tracy Brabin, Labour Party
Tulip Siddiq, Labour Party Valerie Vaz, Labour Party
Vernon Coaker, Labour Party Vicky Foxcroft, Labour Party
Virendra Sharma, Labour Party Wes Streeting, Labour Party
Yasmin Qureshi, Labour Party Yvonne Fovargue, Labour Party
Barry Sheerman, Labour/Co-operative Party Christina Rees, Labour/Co-operative Party
Gareth Thomas, Labour/Co-operative Party Ged Killen, Labour/Co-operative Party
Geraint Davies, Labour/Co-operative Party Jo Platt, Labour/Co-operative Party
Lucy Powell, Labour/Co-operative Party Meg Hillier, Labour/Co-operative Party
Paul Sweeney, Labour/Co-operative Party Stella Creasy, Labour/Co-operative Party
Stephen Doughty, Labour/Co-operative Party Steve Reed, Labour/Co-operative Party
Alistair Carmichael, Liberal Democrats Christine Jardine, Liberal Democrats
Chuka Umunna, Liberal Democrats Jamie Stone, Liberal Democrats
Jo Swinson, Liberal Democrats Layla Moran, Liberal Democrats
Norman Lamb, Liberal Democrats Sir Ed Davey, Liberal Democrats
Sir Vince Cable, Liberal Democrats Stephen Lloyd, Liberal Democrats
Tim Farron, Liberal Democrats Tom Brake, Liberal Democrats
Wera Hobhouse, Liberal Democrats Benjamin Lake, Plaid Cymru
Hywel Williams, Plaid Cymru Jonathan Edwards, Plaid Cymru
Liz Saville-Roberts, Plaid Cymru Alan Brown, Scottish National Party (SNP)
Alison Thewliss, Scottish National Party (SNP) Angela Crawley, Scottish National Party (SNP)
Angus MacNeil , Scottish National Party (SNP) Brendan O’Hara, Scottish National Party (SNP)
Carol Monaghan, Scottish National Party (SNP) Chris Law, Scottish National Party (SNP)
Chris Stephens, Scottish National Party (SNP) David Linden, Scottish National Party (SNP)
Deidre Brock, Scottish National Party (SNP) Douglas Chapman, Scottish National Party (SNP)
Dr Philippa Whitford, Scottish National Party (SNP) Drew Hendry, Scottish National Party (SNP)
Gavin Newlands, Scottish National Party (SNP) Hannah Bardell, Scottish National Party (SNP)
Ian Blackford, Scottish National Party (SNP) Joanna Cherry, Scottish National Party (SNP)
John McNally, Scottish National Party (SNP) Lisa Cameron, Scottish National Party (SNP)
Marion Fellows, Scottish National Party (SNP) Martin Docherty-Hughes, Scottish National Party (SNP)
Martyn Day, Scottish National Party (SNP) Mhairi Black, Scottish National Party (SNP)
Neil Gray, Scottish National Party (SNP) Patricia Gibson, Scottish National Party (SNP)
Patrick Grady, Scottish National Party (SNP) Peter Wishart, Scottish National Party (SNP)
Ronnie Cowan, Scottish National Party (SNP) Stephen Gethins, Scottish National Party (SNP)
Stewart Hosie, Scottish National Party (SNP) Stewart McDonald, Scottish National Party (SNP)
Stuart McDonald, Scottish National Party (SNP) Tommy Sheppard, Scottish National Party (SNP)

Former MPs

Naomi Long, Alliance Ben Howlett, Conservative Party
Caroline Ansell, Conservative Party Jason McCartney, Conservative Party
John Gummer (Lord Deben), Conservative Party Laura Sandys, Conservative Party
Clare Short, Independent Labour Alan Simpson, Labour Party
Andrew Smith, Labour Party Andy Sawford, Labour Party
Ann Cryer, Labour Party Frank Judd, Labour Party
Heidi Alexander, Labour Party Kerry Pollard, Labour Party
Lynne Jones, Labour Party Mark Lazarowicz, Labour Party
Michael Dugher, Labour Party Paul Flynn, Labour Party
Robert Flello, Labour Party Sadiq Khan, Labour Party
Tom Levitt, Labour Party Valerie Davey, Labour Party
David Steel , Liberal Democrats Dr Julian Huppert, Liberal Democrats
Greg Mulholland, Liberal Democrats John Leech, Liberal Democrats
Mark Hunter, Liberal Democrats Calum Kerr, Scottish National Party (SNP)
Roger Mullin, Scottish National Party (SNP) Mark Durkan, Social Democratic and Labour Party (SDLP)

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

FacebookTwitter