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NBIM Divestments Driven by Social, Governance Risks

Chris Hall

More than half of divestments by Norges Bank Investment Management (NBIM) last year were the result of unacceptable social and governance-related risks. A clothing manufacturer in a developed market will be subject to more stringent requirements for environmental performance and labour rights than one in an emerging market,” it noted.

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Divesting from Russian Investments

Chris Hall

To divest or not to divest? Another is establishing the liquidity levels of those investments which enable rapid divestment. Many began the divestment process because of evidence of systematic human rights abuses and corruption led from the very top. However, allocators’ work does not end there. billion (£2.3 billion (£2.3

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Responsible-investing trailblazer awarded Order of Canada

Corporate Knights

EE: The debate about divestment versus engagement in fossil fuels is probably more heated now than ever. MH: Choosing among responsible investment tools – positive and negative screening, divestment and engagement – is complicated. The “clean hands” approach of divestment best expressed the moral outrage of activists over apartheid.

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Investor Guidance Offers Steer on Uyghur Forced Labour

Chris Hall

Many investors also stated that it was critical for them to remain invested in green energy industries, and that divestment was typically used as a last resort. However, it was unclear what factors would trigger strategic divestment and on what timeline.

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ESG Today: Week in Review

ESG Today

Texas Places BlackRock, Credit Suisse & UBS on Divestment List for “Boycotting” Fossil Fuel Companies in Anti-ESG Backlash. Sealed Air Invests $9 Million in Solar Farm to Power California Manufacturing Facility. Firmenich Commits to Net Zero Emissions by 2039, Climate Targets Approved by SBTi. Government & Regulators.

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The Increasing Legal Complexity Surrounding ESG in the US

Chris Hall

Other states have passed or introduced legislation designed to divest from industries like fossil fuels. ESG states has passed or introduced laws requiring divestment from companies that “boycott” the fossil fuel industry. 4] Model legislation targets banks that divest from fossil fuel companies , ABC News (Dec.

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Diversify for a Just Transition

Chris Hall

Auditors have been shut down, raided, and threatened with calls for divestment as a result of their attempts to conduct human rights due diligence in the region. Replacing sourcing and manufacturing for those sectors will not be an easy task, but is not only possible – it is necessary.