Newham Council’s Pension Fund team has already ensured that Newham’s Pension Fund has reduced its overall exposure to fossil fuel from 4.0 per cent at 31 March 2016 to 1.7% per cent at 30 June 2019; making it one of the best in London.
Because of their expert advice, Newham’s Pensions Committee has also ensured the council’s pension fund is carbon neutral by investing significantly more in renewable energy sources, in order to offset whatever remaining fossil fuel-based energy investments there are.
