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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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Is the insurance industry walking away from fossil fuels?

Corporate Knights

It’s the result of rapidly increasing underwriting losses to climate-driven events that insurers and reinsurers are seeing worldwide.” Insurance companies often offer policies that cover directors’ and officers’ liability insurance for corporations, in the event they get sued for negligence. In the U.S.,

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Invest or Divest in Oil, Gas & Coal Companies? - State & City Pension Plans Are the Battleground

3BL Media

In recent years, some plan managers have trimmed portfolio holdings of fossil fuel companies (oil, gas, coal) and even divested holdings partially or in the entirety. Tweet me: Invest or Divest in Oil, Gas & Coal Companies? cover about 15 million workers and families and manage about $4.5 trillion in assets of various classes.

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Russia: Sanctions and divestment. The case for a nuanced approach

Tobias Webb

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.

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Divestment Doesn’t Close Door on Engagement

Chris Hall

An investor’s decision to divest “doesn’t mean an end to all ESG-focused engagement with that company”, according to Eric Nietsch, Head of Sustainable Investing for Asia at Manulife Investment Management. . There’s ultimately a place for both engagement and divestment,” said Nietsch. “If Multi-year effort .

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Sustainability Is Walking the Runway

3BL Media

Vogue Business reports that Ebay is also promoting secondhand fashion by holding two “Endless Runway” streaming events in New York and London, in partnership with the Council of Fashion Designers of America and the British Fashion Council.

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How Big Oil has infiltrated universities and shaped climate research

Corporate Knights

The evidence indicates that the oil lobbyists fund research, sit on governing boards (especially at the University of Alberta), host recruitment events and seek opportunities to influence academic curricula. The researchers also surfaced confidential documents that prove that businesses work deliberately to alter academic outcomes.