“MSPs’ pensions should not be fattened further at the expense of our planet or its residents’ health and well-being, and I am ashamed that the overwhelming majority of my colleagues seem relaxed to benefit personally from socially and environmentally destructive companies.”
— John Finnie MSP
In an exclusive in yesterday’s Sunday Herald, investigative journalist Rob Edwards of The Ferret revealed that the Scottish Parliamentary Pension Scheme, which invests the pension contributions of MSPs, holds assets of £3.2 million in dirty energy, tobacco and armaments.
Edwards was reporting on new analysis of the parliamentarians’ portfolio by Friends of the Earth Scotland, who found holdings in companies like the cigarette giant British American Tobacco, and the weapons systems firm Ultra Electronics which makes components for the US’s Predator and Reaper drones.
John has been campaigning for months to get the MSPs’ pension funds out of fossil fuels, tobacco and the arms trade, and invested instead in socially useful activities like developing clean energy.
You can read the story of John’s campaign so far, and see what you can do to help stop MSPs cash bankrolling climate change and war, on the Ethical Investment Campaign page.