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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. We are not arguing that divestment is or is not the right course of action for companies to take.
Oil and gas- divest or engage? We recommend that investors and banks commit to not providing debt financing to new oil and gas exploration and development and to reducing the financing going to oil in gas in line with the production declines needed to meet global climate targets.”, Aaron Maltais concludes.
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