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Is the insurance industry walking away from fossil fuels?

Corporate Knights

The document called for more study of global warming, “as a result of which glaciers and the polar caps recede, surfaces of lakes are reduced and ocean temperatures rise.” Divest now for tomorrow For insurance companies that are big institutional investors, that has also meant divesting their holdings in oil, gas and coal projects.

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ESG funds pouring millions into meat company linked to Brazil deforestation

Corporate Knights

While most of the funds’ documentation analysed explicitly cite exclusions relating to fossil fuels and controversial weapons, none outright exclude companies linked to deforestation in their screening process. JBS is widely regarded as an ESG pariah.

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Are lawyers and accountants doing enough on climate change?

GreenBiz

The mere existence of these documents, and the campaigns behind some of them, represent another broadening of the conversation, a clarion call for nontraditional business players to lead, or at least not hinder, efforts to address the climate crisis.

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The Mechanics of Divestment  

Chris Hall

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.

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How Big Oil has infiltrated universities and shaped climate research

Corporate Knights

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? The researchers also surfaced confidential documents that prove that businesses work deliberately to alter academic outcomes.

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Global ESG Due Diligence + Study 2024

3BL Media

On data quality, we see a great opportunity for sellers and sell-side advisors to drive value from divestments by commissioning higher-quality ESG vendor documentation. On scoping, it is becoming increasingly clear which topics should indeed be part of an ESG due diligence workstream, with the focus moving from values to value.

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Republican Senators Warn Law Firms About Advising Clients on Participating in “ESG Schemes” and “Climate Cartels”

ESG Today

warning them about the advice they provide to clients regarding ESG initiatives, and advising them to preserve documents related to clients’ ESG practices in preparation for planned activities in Congress to investigate ESG-related antitrust violations.

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