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Divesting works: Study finds ditching fossil stocks lowers corporate footprints

Corporate Knights

For the leaders of the divestment movement, which encourages institutional investors to sell off their shares in fossil fuel companies, winning isn’t everything. But after a decade of determined lobbying, the divest side is suddenly doing a lot of winning. That tally, they noted, is bigger than the combined GDP of the U.S.

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Divest or engage? Some investors are shifting their stance on fossil fuels companies

GreenBiz

Hearts, minds and markets are convincing some investors to divest oil and gas holdings.

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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. As with the financial divestment movement, there is a valid debate about whether engagement with high-carbon firms that are working to reduce their emissions is more effective than simply severing ties. Michael Holder. Mon, 11/30/2020 - 01:00.

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Why divestment doesn’t work — and just won’t die

GreenBiz

For one investor to sell a share, another must buy it.

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The biggest carbon losers

Corporate Knights

But 40% of the reductions came from divesting, or selling off, dirty assets, which from the atmosphere’s perspective is akin to rearranging deck chairs on the Titanic. Divestments (8%). 0.124 Retirements and divestments (100%). Divestments (25%). 4 BP PLC Oil & Gas 35,600,000 32,600,000 -0.48 -0.583 Divestments (87%).

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How lobby group Alec aims to protect large oil firms

GreenBiz

The group’s strategy is modeled on legislation to punish divestment from Israel.

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State Street CEO: Active engagement is imperative for reaching net zero

GreenBiz

State Street Chairman and CEO Ron O’Hanley offers his perspective on divestment, stewardship and why the route to net zero won’t be a straight line.

Net Zero 289