8.5 Action: Tell the Scottish Parliamentary Pension Scheme to stop investing in nuclear weapons

The Scottish Parliamentary Pension Scheme is overseen by a board of trustees, most of whom are Members of the Scottish Parliament, and run by private investment fund managers Baillie Gifford. Information from 2015 showed that the fund had £244,517 invested in Rolls Royce.

Rolls Royce was involved in the development and maintenance of Britain’s current fleet of nuclear-armed Vanguard class submarines. Recently, the company has been involved in the project to design the new Dreadnought class submarines and will manufacture the submarines’ nuclear reactors. Rolls Royce is blacklisted for its involvement in nuclear weapons work by several financial institutions listed in the 2018 DBOTB report’s Hall of Fame.

If you are one of the many people in Scotland who opposes Trident, please write to your MSP to request that the fund divest from Rolls Royce (see section 1 for points you can include).