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Colorado pension fund loses US$2.7 billion by not divesting from fossil fuels

Corporate Knights

Divesting from fossil fuels isn’t just good for the planet. billion in returns over the last 10 years by not divesting from fossil fuels. And in 2018, Ireland became the first country to divest its national investment fund completely from fossil fuel companies. It can be good for financial returns, too.

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The biggest carbon losers

Corporate Knights

As a group, over the course of the past decade (2012 to 2021) these 20 companies slashed their net GHG emissions (Scope 1 and 2) by 43%, from 862 million tonnes to 489 million tonnes. In terms of sustainable capital expenditures, as a whole the 20 companies projected total sustainable investments of $528 billion (all figures in U.S.

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Responsible-investing trailblazer awarded Order of Canada

Corporate Knights

EE: The debate about divestment versus engagement in fossil fuels is probably more heated now than ever. MH: Choosing among responsible investment tools – positive and negative screening, divestment and engagement – is complicated. Both divestment and shareholder action have a role. What are your thoughts on that?

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ESG Explainer: Modern Slavery in the Supply Chain

Chris Hall

In the US, the California Transparency in Supply Chains Act (TSCA) came into effect at the beginning of 2012 and applies to retail sellers and manufacturers that do business in the state of California and whose annual gross revenue exceeds US$100 million.

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How Finance can help stop climate change: Green bonds

Edouard Stenger

As more and more institutions and people are divesting from fossil fuels globally, climate responsible finance is booming. Part of this revolution is the meteoritic growth of green bonds, which were started in 2007 by the World Bank and the European Investment Bank. Green bonds are indeed often oversubscribed due to their success.