Devon County Council Pension Scheme Investments in Fossil Fuel Industries

“Can you please advise whether Devon County Council holds any of its investments, including in any pension schemes for which it is the Administering Authority, in the fossil fuels industry at the date of this FOI application.

If Devon County Council does hold investments in the fossil fuels industry at the date of this FOI application, please provide the approximate value of those investments held.

Can Devon County Council confirm that where it holds investments in the fossil fuels industry at the date of this FOI application whether it intends on divesting from fossil fuel industry investments and if so by what date?”

The Devon Pension Fund has investments in many companies. These are not categorised in such a way that would enable us to identify which companies would meet your definition of “fossil fuel industry”. The Devon Pension Fund’s investment policies with regard to environmental, social and governance Issues can be found in the Fund’s Investment Strategy Statement. A full list of the Devon Pension Fund’s investments, together with the Investment Strategy Statement, can be found at the following link:

https://www.peninsulapensions.org.uk/pension-fund-investments/devon-county-council-investments/devon-fund-key-documents/