Remove 2019 Remove Divestment Remove Value Creation
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A Missed Opportunity

Chris Hall

The concept of assessing what effective stewardship should look like was first introduced by the FCA in 2019 in a joint effort with the Financial Reporting Council (FRC), setting the groundwork which helped define what the minimum expectations should be for financial services firms investing on behalf of clients and beneficiaries.

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“Reason Will Win Out”

Chris Hall

Many ESG issues can be material to a company’s core strategy and long-term value creation. billion in AuM – informed Kentucky State Treasurer Allison Ball and Attorney General Daniel Cameron that it would not divest, as instructed, from asset managers, including BlackRock, as it would violate its fiduciary duty.

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How Orsted ditched coal and became a titan of offshore wind

Corporate Knights

As an emerging market, offshore wind was expensive to produce twice the cost of onshore but as DONG divested of its fossil fuel assets, it put all of its resources into optimizing every aspect of offshore construction and operation. It ended up accomplishing that feat in a decade. To do so, it went all in on offshore wind energy.