The ‘ESG’ agenda has become a hot battlefield in the culture wars. Claims it’s a slippery slope to socialism show no understanding of how capitalism works.
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.
A year ago Pope Francis called for better protection for the environment. Now Catholic institutions look poised for widespread divestment from fossil fuels.
The Academy says it will withdraw “millions of dollars” from investments in environmentally sensitive activities, primarily in energy and mining companies.
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.
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.
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…
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’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…
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…