Dirty and Dangerous

This dossier takes an in-depth look at the GPF’s coal investments. It aims to inform the discussion in two ways. First by analyzing the “coal content” of the Pension Fund’s portfolio and tracing its development over time. And secondly, by examining the real-life impacts of some of the Pension Fund’s largest coal investments on climate, the environment and peo- ple. We reveal that the GPF’s coal portfolio is much larger and much uglier than previously acknowledged.