Many investors and corporations believe that accounting for the impact that businesses have on the environment, society as a whole and their own workforces benefits their bottom line.
New Zealand’s government has hailed a fossil fuel ban for KiwiSaver default funds as part of its commitment to addressing climate change – but there’s scant detail about what exactly the ban covers.
Most businesses construct climate risk solely through the lens of profitability and market opportunity.
A year after Pope Francis called for action to protect the environment, Australian Catholic groups have announced plans to divest from fossil fuels.
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A year ago Pope Francis called for better protection for the environment. Now Catholic institutions look poised for widespread divestment from fossil fuels.
Isn’t always easy to practice what you preach – even inadvertently.
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The Academy says it will withdraw “millions of dollars” from investments in environmentally sensitive activities, primarily in energy and mining companies.
The Bill and Melinda Gates Foundation has been urged to join the fossil fuel divestment movement.
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The Guardian’s divestment campaign is targeting charitable research trusts. John Quiggin says they have a moral duty to divest fossil fuels, regardless of the temptation to research technological climate fixes.
The University of California is the world’s leading university on dealing with climate risk to its investments - most others have a long way to go.
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Do universities deserve praise for pledging to drop fossil-fuel investments, or for actually doing it? Former Liberal leader John Hewson, who leads the Asset Owners Disclosure Project, says only the latter.
The world urgently needs renewable alternative sources of energy.
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John D. Rockefeller turned in his grave when the news drifted down to Hades that the Rockefeller Brothers Fund is divesting from fossil fuel companies … even from John D’s once very own Exxon. The shrill…
It is a cold but sunny morning at a white brick office building in the shadow of London’s Shard skyscraper. For the people attending a training event here it is the first step on the road to financial…
Universities in the US have led the divestment charge - the ANU is leading the Australian movement.
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Tony Abbott’s criticisms of the ANU’s divestment decision will come back to bite him. The tide of change is such that Vice-Chancellor Ian Young and the ANU Council will be seen as leaders. Others will…
The Australian National University has drawn fire for dumping mining stocks - but is it alone?
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The Australian National University’s decision to withdraw A$16 million in investment from seven resources companies, including gas producer Santos, has been praised by divestment campaigners and condemned…
ANU’s divestment decision is only worth A$16 million - but the outcry suggests it will be more influential than the numbers suggest.
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Is the Australian National University’s decision to sell its shares in some resource companies merely tokenistic? Far from it. The outrage from the affected companies shows how much influence universities…
Universities have led the charge on fossil fuel divestment - but is divestment the best way to manage climate risks?
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Divestment from fossil fuels, advocated by climate action campaigners such as Bill McKibben, is a blunt instrument for reducing carbon emissions, according to climate risk analyst Robert Litterman in an…