Motion · S6M-03378 · 28 Feb 2022

SPSS Russian Investments

Lodged by Ross Greer (Scottish Green Party) Standard Motion 17 supporters

The motion

That the Parliament notes with disappointment reports that the Scottish Parliamentary Pension Fund has holdings of £299,571 in Russian state-owned Sberbank, the largest financial institution in Russia; welcomes President Biden’s decision to cut Sberbank off from the US financial system, and calls for the UK Government to urgently consider similar actions; believes that all reasonable measures should be taken against the Russian state and its associates until all Russian forces withdraw from Ukraine, and urges the trustees of the Scottish Parliament Pension Fund to immediately divest any holdings in Sberbank and to review all current fund investments to ensure compatibility with Scotland’s commitment to be a rights-respecting nation.

Supporters (17)

Source: the Scottish Parliament motions and amendments record.