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Colorado pension fund loses US$2.7 billion by not divesting from fossil fuels

Corporate Knights

Divesting from fossil fuels isn’t just good for the planet. billion in returns over the last 10 years by not divesting from fossil fuels. And in 2018, Ireland became the first country to divest its national investment fund completely from fossil fuel companies. It can be good for financial returns, too.

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Responsible-investing trailblazer awarded Order of Canada

Corporate Knights

Church investors dared to come to annual meetings to ask questions, or even worse, church investors filed shareholder proposals,” she wrote in a 2018 blog about her early work. EE: The debate about divestment versus engagement in fossil fuels is probably more heated now than ever. Both divestment and shareholder action have a role.

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2023 Moskowitz Prize Awarded To Research Measuring Financial Impact of Biodiversity Loss — Plus Honorable Mention Studies

3BL Media

Voice Through Divestment The other Honorable Mention paper examines how divestment of stock holdings and pledges to disinvest affect target companies and industries, given past skepticism about this link. The research underscores the significant financial impact of environmental advocacy and public sentiment,” says judge Lilian Ng. “It

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How Big Oil has infiltrated universities and shaped climate research

Corporate Knights

Particularly noteworthy was a 2018 study of energy giant Enbridge’s influence on the University of Calgary. RELATED: How student campaigners finally convinced NYU to divest from fossil fuels How Big Oil's spin doctors are influencing influencers Are green conservatives the key to solving the climate crisis?

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NYC Proposes Ban on Investments in Fossil Fuel Infrastructure for Pension Funds

ESG Today

The proposal follows decisions by the pension funds to divest from fossil fuel reserve owners in their public equities portfolio in 2018, and to exclude upstream fossil fuel investments, including exploration and extraction, in their private markets investments in 2023.

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Masdar Acquires Renewables Developer Saeta from Brookfield for $1.4 Billion

ESG Today

Since acquiring the business in 2018, Brookfield has worked closely with Saeta’s management team to successfully execute a plan focused on divesting non-core assets, optimizing its capital structure, and positioning the business for growth through hybridization, repowering, and developing unused land.

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Rebranded ESG Funds Offer Imperfect Path to Net Zero

Chris Hall

Regulatory action has also fuelled the surge in ESG rebranding, starting with the introduction of the EU Action Plan on Sustainable Finance in 2018 and accelerating in 2021, due to the implementation of the EU Sustainable Finance Disclosure Regulation (SFDR). This can lead to investors divesting their money from the fund.”