Oireachtas Joint and Select Committees

Tuesday, 27 June 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Fossil Fuel Divestment Bill 2016: Discussion

4:00 pm

Mr. Kingsmill Bond:

The classic example is Norway. As the Deputy does, its pension fund is the world's largest. It has created a very extensive list of companies in which it will not invest, including a large number of fossil fuel companies. I believe the list is available publicly. It focuses specifically on companies that were both pollutive and not prepared to change. It includes many coal companies and a number of oil and gas companies. I suggest the Norwegian model demonstrates the very best international expertise in this area.