🚨 **Fresh Pressure on Welsh Pension Fund: Ethical Investment Concerns!** 🚨
Caerphilly Council is stepping up, urging the Greater Gwent Pension Fund to reconsider its investment ties amidst the ongoing Gaza conflict. A diverse group of councillors is backing a motion to review the £4 billion fund’s portfolio to ensure it’s not inadvertently supporting companies that benefit from the conflict or are complicit in any way.
Plaid Cymru’s leader for the council, Cllr Charlotte Bishop, stated, “We have a duty to ensure that our public funds are not used to perpetuate war crimes or human suffering.” The call is clear: public money should promote peace, not violence.
The motion doesn’t just focus on the fund though. It highlights the “deeply concerning” situation in Gaza and advocates for an “immediate bilateral ceasefire,” urging recognition of human rights abuses from all sides. The push emphasizes using ethical investment criteria, ensuring investments align with values of peace and justice.
If successful, Caerphilly will join other councils rallying for this ethical shift, showing a united front for change.
Among the councillors backing this motion are Carol Andrews, Alan Angel, Marina Chacon-Dawson, and others. Additionally, former councillor Lindsay Whittle lent his support before moving to his new role in the Senedd.
As eyes turn to next week’s council meeting, all await whether this important motion will pass, setting a precedent for ethical governance and responsible investing. 🌍💰
Stay tuned for updates! 🗞️#EthicalInvesting #CaerphillyCouncil #PeaceNotWar