Zac Goldsmith backs fossil fuel divestment movement

Tory London mayoral candidate supports pulling City Hall's fund out of oil, coal and gas companies if elected

Zac Goldsmith has backed the fossil fuel divestment movement and said he would pursue efforts to pull London City Hall's pension fund out of investments in oil, coal and gas if he was elected mayor.

The Conservative mayoral candidate's support for moving the 4.8bn London Pension Authority Fund (LPFA) out of fossil fuel investments is at odds with Boris Johnson, who last year rejected a motion calling for divestment.