Ad-Hoc status:Carried
That the Joint Audit and Standards Committee recommends that the Cabinet pushes its fund managers to filter investments in respect of the ESG considerations, looking for positive contributions to tackling our carbon reduction priorities and that the Cabinet considers withdrawing funds from investors who do not adequately address these concerns.
The Joint Audit and Standards Committee recognises that any decision to withdraw funds should be balanced against financial prudence.
Vote | Councillors | Count |
---|---|---|
For | Oliver Amorowson, James Caston, Bryn Hurren, Robert Lindsay, John Matthissen, Mary McLaren, Dave Muller and Mike Norris | 8 |
Against | None | 0 |
Abstain | None | 0 |
Conflict Of Interests | None | 0 |