According to Third Force News many local authority pension funds are still heavily invested in fossil fuel companies.
Scottish councils are risking pension funds by investing heavily in the companies most responsible for climate change.
According to a new report published by Friends of the Earth Scotland, Common Weal, and Unison Scots councils invest in companies such including BP and BHP Billiton – two of the biggest fossil fuel companies in the world.
In contrast the report found that only three councils were found to be actively investing in socially and environmentally beneficial infrastructure.
Read the full article here.