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Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. As fossil fuel companies' social license to operate becomes increasingly frayed, more industries in their orbit are getting entangled in the reputational quagmire that is now part and parcel of any activity that exacerbates the climate crisis.

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Divestment Doesn’t Close Door on Engagement

Chris Hall

An investor’s decision to divest “doesn’t mean an end to all ESG-focused engagement with that company”, according to Eric Nietsch, Head of Sustainable Investing for Asia at Manulife Investment Management. . There’s ultimately a place for both engagement and divestment,” said Nietsch. “If Multi-year effort .

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Is the insurance industry walking away from fossil fuels?

Corporate Knights

In August of that same year, reinsurance company Munich Re published a report on the devastating impacts of recent floods, warning of the risks of climate change. It’s the result of rapidly increasing underwriting losses to climate-driven events that insurers and reinsurers are seeing worldwide.”

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2020: Fossil fuels are dead, long live the sun

GreenBiz

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. Surely the world runs on oil. This will just be a blip to what is an essential industry for humankind, won’t it? economy $150 billion annually.

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Engagement Alone Unable to Resolve Energy Impasse – PME

Chris Hall

Pension fund makes case for divestment, against backdrop of increasingly positive climate policy across major markets. This conclusion was drawn after several years of engaging in discussions with the fossil fuel industry,” he said, underscoring the need for more “substantial and immediate” actions to combat climate change.

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To Meet Net Zero, Prioritize ESG Laggards

3BL Media

To capture unrealized value and move toward net zero, investors should continue to invest and prioritize active engagement with ESG laggards on their response to climate change and management of greenhouse gas (GHG) emissions. But this approach misses out on untapped value and potential in the companies that have room to improve.

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The ESG Interview: Learn from the Past, Look to the Future

Chris Hall

This overtook the Marinara dam disaster as Brazil’s most catastrophic environmental event, which killed 19 people and destroyed the village of Bento Rodrigues in 2015. The authorities and companies involved must step up as soon as possible and prevent these wholly unacceptable events.”. Disputing divestment.