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. In 2016, Corporate Knights analysis showed that the New York State Common Retirement Fund lost at least US$5.3 It can be good for financial returns, too.

Divestment 282

Divestment Net Zero Sustainable Investment Climate Change 282

Chris Hall

MARCH 19, 2024

million more than in 2016. million in 2016. Divestment has typically been used as a last resort by investors, as remaining invested in green energy is often critical to them. “By Earlier this year, the world’s largest sovereign wealth fund Norges Bank Investment Management (NBIM) paid €600 million (US$651.4

Supply Chains 68

Supply Chains Supply Chain Divestment Manufacturing 68

Chris Hall

MARCH 19, 2024

million more than in 2016. million in 2016. Divestment has typically been used as a last resort by investors, as remaining invested in green energy is often critical to them. “By Earlier this year, the world’s largest sovereign wealth fund Norges Bank Investment Management (NBIM) paid €600 million (US$651.4

Supply Chains 58

Supply Chains Supply Chain Divestment Manufacturing 58

GreenBiz

AUGUST 13, 2020

For years, seven of the top 10 companies on the Dow Jones Index were oil companies until 2016 when most fell out of the top 10, leaving only Exxon. This helps explain why more than $11 trillion have been divested from fossil ownership, even before the University of California announced that it was divesting its $80 billion portfolio.

Divestment 523

Divestment Net Zero Zero Carbon Shipping 523

Corporate Knights

FEBRUARY 16, 2022

Since our first report was launched in the summer of 2016, a great deal has changed in the world. On this score, as of January 31, 2022, the Clean200 has outperformed its MSCI ACWI peers by 3.94% since the Clean200 was launched in July of 2016. Cement carbon laggards Companies in the cement industry that were divested by NBIM.

Net Zero 358

Net Zero Negative Screening Divestment Manufacturing 358

Chris Hall

FEBRUARY 15, 2023

In 2016, the head of Canada Pension Plan Investment Board, Canada’s biggest pension fund, warned it should operate “at an arm’s length” from the government after it called on the fund to invest in Canadian infrastructure. California’s proposed divestment laws addresses the systemic risk of climate change, he says.

Divestment 52

Divestment Banking Ethical Investment Climate Change 52

Chris Hall

MARCH 27, 2024

Reflecting on these findings, it’s perhaps understandable that some investors have become frustrated by the sector’s lack of progress. Last year, the Church of England Pensions Board and Church Commissioners divested from all oil and gas firms that failed to align with climate goals – including Shell.

Paris Agreement 133

Paris Agreement Climate Change Divestment Banking 133