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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. The question is whether these developments the a priori good things which they are presented as being, or is the situation actually rather more nuanced? President Putin has hardly made a secret of his expansionist intent.

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Fair Tax Foundation Consults on Responsible Tax KPIs 

Chris Hall

UK-based campaign group the Fair Tax Foundation is seeking feedback from investors on the development of responsible tax conduct key performance indicators (KPIs) for companies. The Government Pension Fund of Norway, the world’s largest sovereign wealth fund, has had an investment policy on tax since 2014.

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Corruption Oversight Undermines Investors’ EM Impact

Chris Hall

Overlooking corruption in their investment frameworks exposes investors to numerous risks, but also prevents them from raising standards of business integrity and supporting UN Sustainable Development Goals (SDGs). SDGs and emerging markets. trillion, a 50% increase since Covid-19 began.

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Building Youth Power

Stanford Social Innovation

That campaign, involving a coalition of youth organizing groups and other advocates, led the Los Angeles United School District board to divest $25 million from its $77 million LASPD budget and invest nearly $100 million into the Black Student Achievement Plan, which aims to keep Black and Brown students from entering the school-to-prison pipeline.

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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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Conflict Exposes Governance Risks and Due Diligence Flaws

Chris Hall

Sevva.ai, which ranks companies’ performance against UN Sustainable Development Goals (SDGs) globally, downgraded the overall ratings of stocks listed on the Moscow Stock Exchange to zero, on grounds that investing in the securities cannot be considered to be in line with UN SDGs.? ESG ratings platform?Sevva.ai,

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Exxon Exits: After the Storm

Chris Hall

A 2020 Carbon Tracker report outlined how Exxon’s shareholder returns deteriorated between 2007-14, with shareholders losing money between 2014-19, due to the company betting on “high cost, low return” and unsustainable assets in its portfolio of future development projects, including heavy oil and liquified natural gas (LNG).