Clarification of Climate Related Financial Disclosure 2020
Dear West Midlands Pension Fund,
In the recently published report Climate Related Financial Disclosure 2020 (https://www.wmpfonline.com/CHttpHandler....), Figure 6 on page 17 indicates percentage of fossil fuel companies in the "Total Equities portfolio". The figure is not provided in text format, but it appears to be about 6.9% December 2019.
Please could you clarify the following:
a. Please could you state the value in £ of this fossil fuel investment on the date given by the Disclosure report, December 2019.
b. Which categories of investment as listed in the fund valuation in the 2020 annual report are included in this "Total Equities portfolio". For your quick reference, this is the list in the 2020 annual report (page 95):
Bonds; UK equities; Overseas equities; Pooled investment vehicles; Property;Derivatives - futures;Derivatives - forward foreign exchange ;Foreign currency holdings;Cash deposits Other investment assets
c. Please could you provide the total value of the "Total Equities portfolio" category in December 2019.
Yours faithfully,
Ed Porteous
We work to defend the right to FOI for everyone
Help us protect your right to hold public authorities to account. Donate and support our work.
Donate Now