A pension fund is facing criticism for not addressing investments linked to global conflict.
The Berkshire Pension Fund has launched a consultation on its investment strategy, considering issues such as climate change, pollution, biodiversity, and corporate governance.
However, campaigners say it fails to address the ethical risks of investing in companies that supply weapons to aggressive states.
Sue Sibany-King, branch secretary of the East Berkshire Palestine Solidarity Campaign, said: "There is nothing in the consultation about world peace and the risks of investing in companies which supply weapons to aggressive countries."
She argued that conflict and instability can have far-reaching economic consequences, including sanctions, shortages of vital commodities, and loss of life.
The Berkshire Pension Fund invests through the Local Pensions Partnership Investments Ltd, a collective of local authority pension funds covering six other counties and the 32 London boroughs.
Share