Fossil fuels: Wales’ local authority pension funds ‘invest £500m’

The report’s authors said Dyfed Pension Fund refused to provide them with full details of its indirect investments, citing concerns over commercial sensitivity. As a result, BBC Wales asked Dyfed Pension Fund for its own figures for a comparable timeframe, but it could only provide figures for September 2020. As a result, the figures reported for the fund are not strictly directly comparable, but are broadly indicative.

BBC News