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A recent divestment bill that would have directed managers of California’s public pension and teachers’ retirement funds to stop investing in the 200 largest oil, gas, and coal companies failed in the Legislature for the second year in a row.
Source: https://grist.org/accountability/one-person-stopped-californias-divestment-from-fossil-fuels-again/
Are you potentially considering an equity raise and then to tide you over until late in the year, or are you still optimistic that we could see a partial divestment on our current economics.
Billionaire Enrique Razon Jr.-led Apex Mining Co. Inc. is mulling over the divestment of its gold mining assets in Mongolia to recover losses from operating the project.
Colleges and universities—whose students are pushing for divestment from fossil fuels—continue to employ lobbyists who also work for ExxonMobil, the Koch Companies, and other funders of climate denialism.
Foster notes that even if McGill commits to partial or total divestment in its endowment fund, it will likely continue to fund fossil fuel companies through its pooled funds.
Giving a new twist to the row over the proposed divestment of the Centre’s stake in Vizag Steel Plant (VSP), the Telangana Government is mulling over the possibility of joining the race for the plant.
Haleon, however, is not planning a major divestment programme, Mr McNamara said.
Source: https://www.irishexaminer.com/business/companies/arid-41196814.html
“However, I want to remind the new DA secretary of the constitutional requirement for divestment from business interests of Cabinet members.
Source: https://newsinfo.inquirer.net/1854767/senators-air-early-praise-and-a-cause-for-scrutiny
“If protecting national security is the objective, divestment doesn’t solve the problem,” TikTok spokesperson Maureen Shanahan said in a statement.
"Littered through the government's own documents with respect to its registration of interest process is that this is tasked with developing a divestment strategy.
Ms Stubbins said PwC was not expected to make a profit from the divestment and the new company was not expected to share an office with the existing business.
My question is on divestment.
Rob Noyes, divestment campaigner and researcher at Platform, said: “Investments in dirty fossil fuels turn public sector savings into fossil fuel playthings, pumping billions of pounds through the pensions pipeline into climate-wrecking fossil fuels.
Second Opinion: Anti-apartheid divestment built a movement of people.
Source: https://www.latimes.com/opinion/story/2023-06-01/hospitals-climate-change-fossil-fuels-divestment
That mitigated the negative impact from soft market and the divestment of the Russian operations in the second quarter last year.
The end goal of divestment is the end of Canadian energy.
The proposed legislation could prevent public bodies from adopting their own approach to international relations including through sanctions and divestment campaigns.
This planned Oregon asset divestment deal serves as an indication of the significance of Rayonier's $1 billion asset monetization goal.
University of Toronto students joining a Fridays for Future Toronto strike as a contingent in September 2022, demanding fossil-free research and full and transparent divestment.