It would be a great help if you could email your local Dudley MBC Councillor about the upcoming motion to be debated on 18th February 2019. You can find your local councillor here.
Here is a suggested email that you could send:
Dear ……………………………..
I am a constituent in the ………………………… ward,
I recently discovered that the West-Midlands Pension Fund, which manages the pensions of most council employees in Dudley and the rest of the West Midlands region, has significant investments in fossil fuel companies.
I am writing to ask you to support a motion calling for these investments to end and for Dudley MBC to implement a ‘Responsible Investment Policy’ which rules out future investments in fossil fuel companies. The motion is being presented at Full Council on Monday 18th February.
As well as financing these high emission industries the investments expose the pension fund to unnecessary risk. Much of the fossil fuel reserves which these companies rely on when judging their share value are ‘un-burnable’ if we are to significantly curb greenhouse gas emissions. They are stranded assets.
Given the risk posed by possible stranded assets, and more importantly the opportunity to contribute to a cleaner energy future, it no longer makes moral or financial sense to invest in the fossil fuel industry.
I look forward to your response,
Sincerely,
Post Code ____________________
For further information may I refer you to divestwmpf.org.
