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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. 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.

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Report: Meet the top 200 companies investing in a clean energy future

Corporate Knights

Since our first report was launched in the summer of 2016, a great deal has changed in the world. Larry Fink, the CEO of the largest investment firm in the world, wrote in his 2022 letter to CEOs: “It’s been two years since I wrote that climate risk is investment risk. THE CLEAN200™ METHODOLOGY. Source: CK) 1. Source: CK) 1.

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Clean 200 list shows sustainable companies on path to dominate global economy

Corporate Knights

They also beat the global benchmark MSCI ACWI by 30% from July 1, 2016, to January 29, 2025. on a sustainable-revenue-weighted basis, outperforming the MSCI ACWI index (162.0%) and the MSCI ACWI/Energy Index of fossil fuel companies (76.7%) on Total Return Gross USD Basis from the Clean200 inception of July 1, 2016, to January 29, 2025.

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List of Clean 200 companies captures the green transition in full flight

Corporate Knights

Between July 1, 2016, and January 15, 2024, Clean200 companies generated a total return of 103.5%. In 2016, we created the Clean200 in response to investors saying, ‘If we divest fossil fuels, there is nothing to invest in.’” through those years. through those years. dollars.

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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. From a mere three billion USD in 2012 it has grown to $81 billion in 2016 and could reach $150 billion this year. If growth was slow from the first green bond issuance to 2012, things have accelerated since.

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Shell’s Empty Transition Promise

Chris Hall

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.

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UK AOs Probe Misalignment After Failed Fossil Fuel Votes

Chris Hall

Research will span the introduction of the Paris Agreement in 2016 to the conclusion of the 2023 proxy season, with the aim of comparing the voting patterns of asset owners and managers. According to Hoepner, the research will examine investor stewardship at all oil and gas companies tracked by the Transition Pathway Initiative (TPI).