Exclusive: San Francisco Pension System Approves Divestment of Five Fossil Fuel Companies
Stock of Hess Corp. will be divested along with other energy companies if they don’t justify oil and gas reserves and stop denying climate change.
Tag: fossil fuels
UK Investors Expect Pensions to Avoid Fossil Fuels
Survey finds investors willing to leave funds that invest in fossil fuel projects.
Newsmakers
Church of England Votes to Divest from Fossil Fuels
Oil, gas companies have until 2023 to comply with Paris Agreement goals before the church will pull all holdings.
Risk
Swarthmore Endowment Will Not Divest from Fossil Fuels
Board of managers upholds 1991 policy to seek financial results, not social objectives.
$26 Trillion Institutional Group Pushes Paris Agreement Adoption Ahead of G7 Summit
Alliance concerned about agreement’s goals ‘falling short.’
Newsmakers
Harvard Overseer Resigns over Fossil Fuel Investments
Kat Taylor accuses $37.1 billion endowment of funding ‘pernicious activities.’
Newsmakers
San Francisco Approves Scaled-Back Divestment Plan
The plan also calls for the hiring of a director of socially responsible investing.
Newsmakers
San Francisco to Vote on Fossil Fuel Divestment
Move would be largest global divestment of fossil fuel stocks for San Francisco.
Risk
NYC Pension System to Divest $5 Billion from Fossil Fuels
Seeking climate change-related damages, city files lawsuit against five major oil companies.
Cuomo Calls on Common Retirement Fund to Cease Fossil Fuel Investments
New York governor will partner with Comptroller DiNapoli to form fund advisory committee.
UK to Relax Rules for Fossil Fuel Divestment
Local authority pension plans expected to be earliest to implement new regulations.
Fossil Fuel Investments for UK Local Government Pensions Rise 17%
Report finds UK local government pensions still invest £16.1 billion in fossil fuels.
MPs Call for Parliament’s Pension to Divest from Fossil Fuels
50 members of Parliament join environmental campaign.