Remove environment fossil-fuel-divestment
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As California Considers Dropping Fossil Fuels from Major Pension Funds, New Report Calls Out ‘Misinformation’ on Costs

DeSmogBlog

A newly published report by Fossil Free California finds California’s pension fund managers are circulating divestment “misinformation” by exaggerating the costs involved in shedding their fossil fuel investments in documents prepared for state lawmakers. The two pension funds have estimated holdings of $7.4

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Dozens of Christian Organisations Announce Fossil Fuel Divestment Ahead of G7 and COP26

DeSmogBlog

Three dozen Christian organisations and institutions from across the world — including dioceses from the Church of England — announced their divestment from fossil fuels today and urged leaders to take greater action on climate change ahead of major global summits this year. I hope it inspires many others to follow suit.”.

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'As Christians, we must act': Dozens of faith groups promise to divest from fossil fuels

Business Green

Total number of faith groups to join anti-fossil fuel movement hits 400 as pressure builds on governments to end public funding for oil, coal, and gas projects. Today's bumper round of divestment pledges means that more than 400 religious instructions have now committed to divest from fossil fuels, the charity said.

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'Choose life, divest': 19 UK-based faith groups join fossil fuel divestment movement

Business Green

Global fossil fuel divestment movement signs up 33 new religious groups, the majority of which are based in the UK. A divestment commitments tracker run by NGO Stand.Earth reveals that more than a third of organisations signed up to the movement - some 34 per cent - are faith-based groups.

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'Not mere divestment': Oxford University unveils sweeping net zero investment strategy

Business Green

Multi-billion pound endowment to divest from fossil fuel companies and request evidence of net zero business plans right across its investment portfolio. per cent of the endowment is now in fossil fuel extractors, while OUem has increased its holdings in clean energy and green business assets. As such, just 0.6

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'Adapt or die': Environment Agency chief urges bankers to stop investing in fossil fuels

Business Green

The boss of the Environment Agency has declared that coal and oil are "no longer safe bets" for investors, warning that banks that failed to divest from fossil fuels would be left behind by the market. He said investors that continued to invest in fossil fuels were exposing themselves to major financial risks.

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Leading ‘Sustainable’ Investment Funds Backing Fossil Fuels, Research Finds

DeSmogBlog

Major investment funds available to UK consumers are marketing themselves as “sustainable” and “ethical” while financing fossil fuel companies, research has found. The fund with the most fossil fuel-linked holdings in its portfolio was iShares Dow Jones Global Sustainability Screened. Fuelling the Fire’.