Strathclyde Pension Fund is Scotland’s largest local authority pension scheme fund. A list of assets taken from the fund’s website shows that it held shares with a market value of over £89 million as of 31 March 2018 in 11 companies which are involved in nuclear weapons work:
|Company||Value of shares (£)|
*Note: the figures in this table, with the exception of the figure for Rolls Royce, were converted from US dollars or Euros using exchange rate as at 31 March 2018: 1 EUR = 0.879514 GBP; 1 USD = 0.713637 GBP.
Strathclyde pension fund has drawn criticism for its investments in arms companies. See section 8.4 for information about how you can contact your local councillors to request that the fund divest from nuclear weapons and click here for our template letter to local councillors.