Corporate Knights

JULY 14, 2022

EE: The debate about divestment versus engagement in fossil fuels is probably more heated now than ever. MH: Choosing among responsible investment tools – positive and negative screening, divestment and engagement – is complicated. The “clean hands” approach of divestment best expressed the moral outrage of activists over apartheid.

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Divestment Ethical Investment Greenwashing Negative Screening 278

3BL Media

DECEMBER 20, 2023

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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Divestment Academics Analytics Development 162

Chris Hall

JUNE 7, 2023

Timing and influencing the market are vital considerations for asset owners when divesting ESG assets. Since the success of the South African apartheid divestment campaign in the 1980s, investors must contend with similar pressure on other ESG issues, such as the growth of campaigns encouraging them to exit fossil fuels or tobacco.

Divestment 52

Divestment Net Zero Climate Change Banking 52

Corporate Knights

MAY 9, 2024

IMCO, HOOPP and OMERS, like most major Canadian pension funds, publicly state that they want to achieve real-world emission reductions and not just divest their way to their emission-reduction targets. But let’s not discount the work that’s still ahead.

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Decarbonize Divestment Development Climate Change 348

Chris Hall

MARCH 4, 2022

More than half of divestments by Norges Bank Investment Management (NBIM) last year were the result of unacceptable social and governance-related risks. This can escalate action to voting, and, when necessary, resort to risk-based divestment. trillion in assets under management (AUM). trillion in assets under management (AUM).

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Divestment Supply Chain Supply Chains Value Creation 52

Corporate Knights

FEBRUARY 13, 2024

billion in divestment from banks backing the project and nearly $1.4 One analysis from researchers at First Peoples Worldwide at the University of Colorado at Boulder estimated that resistance to the Dakota Access Pipeline drove the project cost upwards of $7.5 That includes more than $4.3

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Development Divestment Banking 340

Chris Hall

MAY 19, 2022

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

Divestment 52

Divestment Supply Chain Supply Chains Banking 52

Chris Hall

MARCH 21, 2022

Institutional and wholesale investors are increasingly willing to divest oil and gas firms and other carbon-intensive holdings to meet net zero commitments, according to a new global study. . Divestment appetite . Both institutional and wholesale investors said they expected to increase their divestment of carbon-intensive assets.

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Divestment Net Zero Climate Change Impact Investing 52

Environmental Finance

FEBRUARY 7, 2024

Norges Bank Investment Management has divested from three companies because of biodiversity risk, as it looks to scale up active engagement on nature-related themes.

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Divestment Banking 40

3BL Media

NOVEMBER 7, 2022

KEYWORDS: faith-based investing, affordable housing, Jewish, Faith Traditions, impact investors, justice, compassion, righteousness.,

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Divestment Impact Investing Banking 130

ESG Today

JUNE 19, 2023

Michael Marks, Head of Investment Stewardship at LGIM, said: “From tackling climate lobbying to incorporating biodiversity risk, our expectations of companies are increasing – insufficient progress represents a systemic challenge which we will continue to challenge through the tools at our disposal, including divestment and voting sanctions.”

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Net Zero Divestment Banking Shipping 100

ESG Today

MARCH 24, 2024

Deutsche Bank Ties Senior Exec Compensation to Loan Book Decarbonization Goals Private Equity & Venture Capital Carbon Accounting and Management Startup Greenly Raises $52 Million Fullerton Fund Management Raises $100 Million for Decarbonization Opportunities-Focused Private Equity Fund KKR Acquires Majority Stake in U.S.

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Supply Chains Supply Chain Green Bonds Decarbonize 110

3BL Media

MAY 24, 2024

It’s a win-win for the community and the bank. Teaching JA personally has been a refresher on various aspects of good financial choices and the importance of planning, budgeting, saving, and divesting. I wish we had learned this in grade schools growing up but feel fortunate I learned by observing my parents at home and college.

Banking 147

Banking Divestment 147

Chris Hall

FEBRUARY 22, 2024

trillion in AUM that called out five European banks – Barclays, BNP Paribas, Crédit Agricole, Société Générale and Deutsche Bank – for their continued funding of fossil fuel expansion. AkademikerPension recently divested from all fossil fuel companies in its portfolio.

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Divestment Value Creation Net Zero Banking 81

ESG Today

OCTOBER 30, 2024

The four wind farms – Hornsea 1, Hornsea 2, Walney Extension, and Burbo Bank Extension – have a total combined capacity of 3.5 billion, renewable energy developer Scout Clean Energy for $1 billion, and of Banks Renewables , one of the UK’s largest independent developers and operators of onshore wind farms for nearly $1 billion.

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Divestment Banking Decarbonize Development 103

3BL Media

FEBRUARY 22, 2022

As a member of the Executive Committee, Gwenaelle will preside over developing and deploying strategic, sustainability and quality & customer satisfaction initiatives, while steering all mergers, acquisitions and divestment activities globally. as a consultant.

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Digital Transformation Digitalization Divestment Climate Change 130

3BL Media

SEPTEMBER 29, 2023

For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. They can also divest from high-emitting industries such as thermal coal production. trillion USD in fossil fuels.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

Chris Hall

MARCH 19, 2024

Divestment has typically been used as a last resort by investors, as remaining invested in green energy is often critical to them. “By Earlier this year, the world’s largest sovereign wealth fund Norges Bank Investment Management (NBIM) paid €600 million (US$651.4 million) for a 49% stake in a 1.3-gigawatt

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Supply Chain Supply Chains Divestment Manufacturing 69

Environmental Finance

MARCH 26, 2024

Signatories to the Net-Zero Banking Alliance (NZBA) "are neither divesting nor engaging differently from banks without a climate commitment," a group of economists said in a damning report.

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Divestment Net Zero Banking 40

Chris Hall

JANUARY 30, 2024

This could stem from campaigns which lobby for divestment from polluting companies or projects. “In our view, the risk to investors from ESG or climate litigation remains primarily indirect,” Mark Banks, Dispute Resolution Senior Associate at Baker McKenzie told ESG Investor.

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Greenwashing Stranded Assets Net Zero Banking 80

B the Change

APRIL 3, 2023

When environmental regulations, such as the NAAQS, come into effect, investors know it means their companies will take a hit — so, they divest. I found no difference in divestment behaviour between ESG mutual funds and more traditional funds. Inflation Reduction Act (IRA) provides $27 billion for creating “green banks” nationwide.

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Divestment Climate Change Banking 98

ESG Today

DECEMBER 7, 2022

Several Vanguard funds were included in a list of funds subject to potential divestment by Texas Comptroller Glenn Hegar, based on criteria that included having a commitment to climate-focused groups such as the Net Zero Banking Alliance or Net Zero Asset Managers Initiative.

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Net Zero Decarbonize Divestment Banking 130

Chris Hall

OCTOBER 31, 2022

Immediately divesting from companies with a poor ESG-related track record isn’t always the answer to ensuring a just transition. This panel will look at how active engagement can contribute to transition efforts globally, and, in instances where it fails, how divestment should be a last resort.

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Divestment CDP Sustainable Investment Banking 52

Chris Hall

FEBRUARY 16, 2023

billion pension pool has set climate targets for fossil fuel majors and banks and will vote against board chairs if they are not met, with divestment viewed as a last resort. This includes banks that have not sufficiently integrated targets, decarbonisation strategy, or climate policy engagement into business strategy.

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Divestment Banking Climate Change Net Zero 52

Environmental Finance

SEPTEMBER 20, 2022

Norges Bank Investment Management (NBIM) has warned the biggest polluters in its vast investment portfolio that it expects them to set targets to hit net zero by 2050 "as a matter of urgency", ahead of potential divestment from companies with "high and unmitigated climate risks".

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Net Zero Divestment Banking 45

Eco-Business

OCTOBER 30, 2023

While experts have lauded the regulator’s transition planning guidelines as one of the most comprehensive for the sector thus far, it remains unclear when divestment could be a valid and sound step to take.

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Divestment Banking 22

Chris Hall

MARCH 19, 2024

Divestment has typically been used as a last resort by investors, as remaining invested in green energy is often critical to them. “By By divesting from or choosing not to invest in solar energy, we do not address the underlying issues – we avoid them,” Raphaela Schmid, Head of ESG and Sustainability at SUSI Partners, told ESG Investor.

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Supply Chain Supply Chains Divestment Manufacturing 59

3BL Media

APRIL 19, 2022

This step will help you identify the riskiest physical locations and products to divest from and access public incentives. You can also divest from risky assets and manage risk within the supply chain. Investments from the community can be made in a way that benefits everybody.

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Divestment Development Climate Change Supply Chain 130

Chris Hall

APRIL 1, 2022

The fund was previously under pressure to divest from carbon-intensive oil and gas companies but, like other asset owners, CalSTRS is choosing to engage, with divestment serving as a last resort. . Norges Bank Investment Management (NBIM), which manages Norway’s US$1.1 As of 31 May, 2021, CalSTRS manages US$306.7

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Divestment Net Zero Climate Change Sustainable Investment 52

3BL Media

SEPTEMBER 29, 2023

They can also serve as safeguards to verify that the reduction of emissions in their portfolios corresponds to actual emissions reductions in the real world, rather than being achieved solely through divestment from high-emitting assets.

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Net Zero Decarbonize Divestment Global Economy 113

Chris Hall

APRIL 26, 2024

This must be resisted for the sake of good order in global capital markets.” Meanwhile, others are choosing divestment as a response, with the New York State Common Retirement Fund having announced it would restrict investments in eight oil and gas companies – including Exxon – earlier this year.

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Divestment Net Zero Climate Change Banking 136

Eco-Business

SEPTEMBER 13, 2023

Indian banks are highly exposed to risks attached to investments in the electricity and metals sectors, with public sector banks most exposed to the conventional energy sector, indicates a recent report from a think tank.

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Banking Divestment 19

Corporate Knights

JANUARY 27, 2023

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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Divestment Net Zero Sustainable Investment Climate Change 312

Chris Hall

MARCH 27, 2024

Reflecting on these findings, it’s perhaps understandable that some investors have become frustrated by the sector’s lack of progress. Last year, the Church of England Pensions Board and Church Commissioners divested from all oil and gas firms that failed to align with climate goals – including Shell.

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Paris Agreement Climate Change Divestment Banking 133

Chris Hall

JANUARY 30, 2024

This could stem from campaigns which lobby for divestment from polluting companies or projects. “In our view, the risk to investors from ESG or climate litigation remains primarily indirect,” Mark Banks, Dispute Resolution Senior Associate at Baker McKenzie told ESG Investor.

Greenwashing 59

Greenwashing Stranded Assets Net Zero Banking 59

Chris Hall

MAY 31, 2024

Head of Sustainability at CDPQ Bertrand Millot highlights the pension fund’s focus on decarbonising the real economy, as well as comprehensively divesting from the oil industry. In addition to divesting from oil, CDPQ plans to deepen its practice in the biodiversity space and expand the scope of its commitments in nature-positive themes.

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Divestment Net Zero Climate Change COP26 81

Chris Hall

JANUARY 12, 2024

The engagement programme thus far has been “constructive”, NBIM’s board claimed in December, adding that the companies have “expressed an ambition to divest the relevant assets in the Niger Delta”. trillion in assets, published the latest exclusion decisions for its Government Pension Fund Global in December.

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