The mayor of London has been urged to divest all council pension funds away from fossil-fuel industries by the London Assembly.
The Assembly has agreed a motion calling on mayor Sadiq Khan to keep to his manifesto promise and set out a deadline for full divestment.
Assembly member Leonie Cooper, who proposed the motion, said: ‘The mayor was elected on a manifesto commitment to take all possible steps to divest the London Pension Fund Authority of its remaining investments in fossil-fuel industries.’
The motion calls on Mr Khan to issue a statement committing to full divestment and set out ‘ a concrete plan for the swift implementation of his manifesto promise’.
