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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.
In a blog post announcing the divestments, PFZW described the remaining companies as “fully committed to the transition from fossil energy to renewable energy or are currently already producing mainly energy with a low carbon footprint.”
Read more about topics related to environmental and social sustainability, themes and projects close to us in terms of culture and corporate modus operandi on our Soft&Green blog.
Dear reader, I’ve been writing ‘blog’ posts on and off, for about 15 years. I let the blog drift for a while and the emailing of posts function stopped working. If you decide to stay on the list, here’s a bit more about what you’ll get in terms of posts from the blog. in the last 6-12 months.
When a responsible investor sells – or divests – from companies that are low-performing on ESG metrics, this provides an opportunity for an indiscriminate investor to buy the security in their place. Visit www.brandywineglobal.com and the Firm’s industry-leading Around the Curve blog. It potentially exacerbates it.
The long lag it takes to calculate this information today is untenable if countries and the corporate sector hope to act quickly, the group wrote in a blog about the initiative, co-authored by Gore and Gavin McCormick, founder and executive director of coalition member WattTime.
According to a recent blog by Emine Isciel , Co-chair of the Finance for Biodiversity Foundation, a critical factor will be reducing existing harmful financial flows. Investors will be paying close attention to progress on the GBF’s fourth over-arching goal, the alignment of financial flows.
In addition to divesting from unethical stocks, you can make investments in companies that make a positive change in a practice called impact investing. Environment, I want to point out that my "Workplace Ethics Advice" blog was rated #5 in the list of the 20th best blogs dealing with CSR.
As well as outlining the negative consequences of waiting, an accompanying blog noted the costs will be highest for fossil-fuel exporters and energy-intensive emerging market economies, requiring countries to “cooperate more on finance and technology needed to reduce costs – and share more of the required know-how”.
Meanwhile in the asset management sector, Legal & General Investment Management said it would divest from Russian sovereign debt and the manager has reduced total exposure to 0.1% of AUM or £1.3 billion. . of AUM. .
Despite many pension funds declaring their frustration at laggardly transition planning in the sector, as engagement yields limited results, divestment still seems to be the hardest word. Of pensions and profits – Oil and gas profits were also in the news with higher-than-expected profits announced by BP and Shell among others.
Missed opportunity – How many green-tinged U-turns can we fit into one blog? Meanwhile, the opposition Labour party displayed tone-deafness to the latest alarm bells of the climate crisis by ditching its £28 billion (US$35 billion) green investment pledge in the name of fiscal responsibility. Just one more.
The fossil fuel divestment movement led by Bill McKibben’s 350.org Jacobson’s Greenhouse-Gas-Free (GHGFREE) Teslas run on solar power, as does his home, built by BoneStructure. The Tesla Powerwall packs on the wall store excess electricity generated by the sun. Momentum for a clean energy transition is growing.
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.
And the mayors of 12 cities — representing 36 million residents — announced their plans to divest from fossil fuels. Certifications are a good starting point for companies to help shoppers make more informed and sustainable choices," she wrote in a blog about the announcement.
Blog posted by Dr. Steven Mintz, The Ethics Sage, on February 14, 2022. From February 2 to April 8 of 2020, the nonpartisan watchdog group found, 12 senators made a combined 127 purchases or sales, while 37 House representatives made at least 1,358 transactions. Follow him on Facebook at: [link] and on Twitter at: [link].
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