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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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Responsible-investing trailblazer awarded Order of Canada

Corporate Knights

Church investors dared to come to annual meetings to ask questions, or even worse, church investors filed shareholder proposals,” she wrote in a 2018 blog about her early work. EE: The debate about divestment versus engagement in fossil fuels is probably more heated now than ever. Both divestment and shareholder action have a role.

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How Big Oil has infiltrated universities and shaped climate research

Corporate Knights

How did the fossil fuel industry manage to raise a generation of climate change deniers? A research group has just identified a big component of that attitude shift: the fossil fuel industry’s decades-long campaign to bury the truth by cozying up to universities and discrediting climate science.

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NYC Proposes Ban on Investments in Fossil Fuel Infrastructure for Pension Funds

ESG Today

The proposal follows decisions by the pension funds to divest from fossil fuel reserve owners in their public equities portfolio in 2018, and to exclude upstream fossil fuel investments, including exploration and extraction, in their private markets investments in 2023.

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Investors Can Calm Troubled Waters

Chris Hall

This follows actions against Southern Water and Thames Water in 2018-19, which resulted in £257 million (US$339 million) in penalties and rebates. Huxham also questioned whether the utilities have the capability to address new areas, such as climate change, which is part of PR24’s proposed long-term targets.

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All Systems go for Net Zero

Chris Hall

Rasmussen expects the scheme to meet its target – self-imposed, but in line with the protocol set by the Net Zero Asset Owner Alliance (NZAOA) – to reduce greenhouse gas (GHG) emissions from its listed equities and corporate bonds by 45% by the end of 2024, from a 2018 base. C has not lessened; if anything, it has increased,” he says.

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The 2021 GreenBiz 30 Under 30

GreenBiz

What really resonated with me was the fact that I would always have conversations with friends or family about climate change, and I would either be given one of two answers: that either it doesn’t exist, or that someday either technology or ‘they’ would solve the problem," Battochio says. . LinkedIn | Twitter. Heather Clancy.

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