Corporate Knights

JANUARY 27, 2023

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. billion from its investments in coal, oil and gas. And in 2018, Ireland became the first country to divest its national investment fund completely from fossil fuel companies.

Divestment 312

Divestment Net Zero Sustainable Investment Climate Change 312

Corporate Knights

OCTOBER 11, 2022

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. Most of these reductions were made from 2015 to 2021 when Enel shut down some 40 of its 50 coal power plants fast and furiously (from 31% of generation capacity to 6%).

Divestment 358

Divestment CDP Stranded Assets Paris Agreement 358

3BL Media

SEPTEMBER 29, 2023

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

Chris Hall

OCTOBER 13, 2023

Pension fund makes case for divestment, against backdrop of increasingly positive climate policy across major markets. The global energy mix is composed of roughly 17% renewables, representing an increase of just two percentage points from 2015 levels.

Divestment 59

Divestment Paris Agreement Climate Change Net Zero 59

3BL Media

JANUARY 11, 2023

million b/d in 2015. Sustainable Investing – Greater Scrutiny. The divestment movement will wane. Jonas Rooze, manager of sustainability and climate research. Chinese demand grew to 15.4 million barrels per day (b/d) in 2021 from some 11.3 In China, prices are languishing below $10 per ton. -

Supply Chains 130

Supply Chains Supply Chain Paris Agreement Divestment 130

Chris Hall

MARCH 30, 2022

One of the first countries to enact laws was the UK, via the Modern Slavery Act 2015. Divestment was the least selected due diligence action by both business and general respondents. Since the UNGPs were issued, various jurisdictions have begun to roll out legislation targeting modern slavery.

Supply Chains 98

Supply Chains Supply Chain Manufacturing Corporate Social Responsibility 98

Corporate Knights

OCTOBER 25, 2024

Engagement and divestment both have a role to play The engagement versus divestment debate has been ongoing in the investor community. Studies have shown that divesting really works, both to cause the stock prices of climate-damaging stocks to fall and to create additional financial value.

Divestment 317

Divestment Net Zero Decarbonize Paris Agreement 317