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Russia: Sanctions and divestment. The case for a nuanced approach

Tobias Webb

Likewise, companies in all sectors have been rushing to divest of holdings in Russia , or halt operations there. This piece examines sanctions and corporate divestments through a slightly more sceptical lens. These measures will, the mainstream logic goes, eventually cripple Russia, and force a volte face in her policy to Ukraine.

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Fair Tax Foundation Consults on Responsible Tax KPIs 

Chris Hall

The Government Pension Fund of Norway, the world’s largest sovereign wealth fund, has had an investment policy on tax since 2014. Boards should also consider how remuneration may influence management’s approach to tax planning.

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Now or Never

Chris Hall

In June, the Church of England Pensions Board (CoEPB) and Church Commissioners announced that they will divest from oil and gas firms for failing to align with climate goals. However, individual, specific, and isolated divestments do not make a significant difference due to the abundance of liquidity in the market. billion (US$13.2

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Corruption Oversight Undermines Investors’ EM Impact

Chris Hall

Many investors scrambled to divest holdings, leading in some cases to significant financial losses, having failed to heed warnings and indicators that could have alerted them to future risks, including the 2014 annexing of Crimea.

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Exxon Investors Signal Growing Ill Will

Chris Hall

A selection of the world’s biggest global investors, such as CalPERS and Norges Bank Investment Management , publicly announced their intention to vote against director appointments. Some of Exxon’s biggest shareholders – State Street, Vanguard and BlackRock – have not disclosed their votes at the oil and gas major. End of the road?

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Conflict Exposes Governance Risks and Due Diligence Flaws

Chris Hall

Large institutional investors such as Norges Bank Investment Management, Storebrand, Nest and the Church of England Pensions Board have announced exits from Russian investments, while many Western corporates have shuttered operations, McDonalds and Coca-Cola among the latest. .

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Divesting from Russian Investments

Chris Hall

To divest or not to divest? Another is establishing the liquidity levels of those investments which enable rapid divestment. Many began the divestment process because of evidence of systematic human rights abuses and corruption led from the very top. Sweden-based Private Bank J. billion (£2.3 billion (£2.3