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Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. Between 2008 and 2017, fossil-fuel industry trade associations in the U.S. Michael Holder. Mon, 11/30/2020 - 01:00. Anyone doubting the seriousness of the campaign needs only look at the team behind it. It is a big business. spent almost $1.4

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Is the insurance industry walking away from fossil fuels?

Corporate Knights

Divest now for tomorrow For insurance companies that are big institutional investors, that has also meant divesting their holdings in oil, gas and coal projects. In 2015, France’s AXA became the first insurance company to start divesting from coal. In the U.S.,

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ESG funds pouring millions into meat company linked to Brazil deforestation

Corporate Knights

From 2021 to May this year, 22 investors, including banks and pension funds, have divested from JBS or its subsidiaries, citing its links to biodiversity loss and governance issues, according to the Financial Exclusion Tracker project. JBS is widely regarded as an ESG pariah.

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Divestment Doesn’t Close Door on Engagement

Chris Hall

An investor’s decision to divest “doesn’t mean an end to all ESG-focused engagement with that company”, according to Eric Nietsch, Head of Sustainable Investing for Asia at Manulife Investment Management. . There’s ultimately a place for both engagement and divestment,” said Nietsch. “If Multi-year effort .

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JPMorgan AM Exits Climate Action 100+

ESG Today

Launched in 2017, Climate Action 100+ is an investor initiative that has targeted the world’s largest corporate greenhouse gas (GHG) emitters to promote taking necessary action on climate change, and align their business strategies with net zero in order to help limit average global temperature rise to 1.5 degrees Celsius.

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Invesco Joins List of Investors Exiting Climate Action 100+

ESG Today

Launched in 2017, Climate Action 100+ is an investor initiative that has targeted the world’s largest corporate greenhouse gas (GHG) emitters to promote taking necessary action on climate change, and align their business strategies with net zero in order to help limit average global temperature rise to 1.5 degrees Celsius.

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ILO: Forced Labour Lines Private Sector Pockets

Chris Hall

Since 2017, the government has placed an estimated 1.8 Divestment has typically been used as a last resort by investors, as remaining invested in green energy is often critical to them. “By An NBIM spokesperson stressed the importance of engagement, as opposed to divestment on the issue. “We million in 2016.