Decision details
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
This petition was presented to Council on 12
July and referred to Cabinet
Decision:
A ‘Stop investing in fossil fuels’ ePetition had been considered at the full Council meeting on 12 July 2023, at which the Cabinet Member for Accessible Housing and Resources requested it be referred to Cabinet for further consideration. The ePetition was detailed at Appendix 1 to the Cabinet report.
Cabinet considered a report that set out the concerns raised in the petition and the approach that Buckinghamshire Pension Fund in partnership with the Brunel Pension Partnership was taking towards carbon reduction and meeting its target of net zero by 2050.
RESOLVED –
(1) That the approach being taken by the Buckinghamshire Pension Fund and the Brunel Pension Partnership in reducing overall carbon intensity in its investment portfolios be ENDORSED.
(2) That the situation with the Council’s banking contract be NOTED.
Details of any conflict of interest declared: None.
Contact: Sarah Murphy-Brookman, Corporate Director Resources Email: Sarah.Murphy-Brookman@buckinghamshire.gov.uk.
Report author: Mark Preston
Publication date: 12/09/2023
Date of decision: 12/09/2023
Decided at meeting: 12/09/2023 - Cabinet
Accompanying Documents:
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