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divestment

'Not nearly enough progress': Church of England to fully divest from oil and gas firms over climate concerns

Investment

'Not nearly enough progress': Church of England to fully divest from oil and gas firms over climate concerns

Archbishop of Canterbury Justin Welby warns that 'the Church will follow not just the science, but our faith' as it promises to divest entirely from fossil fuels by end of the year

clock 22 June 2023 • 6 min read
LGIM divests from transport giants over climate concerns

Investment

LGIM divests from transport giants over climate concerns

Investment giant to offload holdings in two carbon intensive transport firms under its Climate Impact Pledge

clock 16 June 2023 • 2 min read
No faith in fossil fuels: Global Christian groups call for mass divestment from oil and gas assets

Investment

No faith in fossil fuels: Global Christian groups call for mass divestment from oil and gas assets

Faith groups from six countries announce 31 divestment commitments, as grassroots campaigners call on investors to follow suit

clock 20 April 2023 • 3 min read
Divestment Day: Pension funds, financial institutions and councils urged to stop investing in climate crisis

Investment

Divestment Day: Pension funds, financial institutions and councils urged to stop investing in climate crisis

UK Divest coalition leads latest round of action ramping up pressure on investors to stop backing fossil fuel projects

clock 24 March 2023 • 4 min read
'Orderly transition': HSBC ditches new oil and gas financing, Barclays ups clean tech investment goal

Investment

'Orderly transition': HSBC ditches new oil and gas financing, Barclays ups clean tech investment goal

Major banks enhance their climate efforts, with HSBC promising to 'phase down' fossil fuel finance and Barclays hailing success of green investments to date

clock 14 December 2022 • 6 min read
'Choose life, divest': 19 UK-based faith groups join fossil fuel divestment movement

Investment

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

Global fossil fuel divestment movement signs up 35 new religious groups, the majority of which are based in the UK

clock 05 July 2022 • 4 min read
Scottish Widows tightens investment restrictions on coal and tar sands

Investment

Scottish Widows tightens investment restrictions on coal and tar sands

Pension provider unveils fresh divestment moves worth a total of £1.5bn

clock 28 March 2022 • 2 min read
Scottish Widows publishes 'roadmap to net zero'

Investment

Scottish Widows publishes 'roadmap to net zero'

Pension giant confirms plan to invest up to £25bn in climate-focused companies by 2025 and says there is now a 'clear expectation for high-carbon sectors resistant to change'

clock 03 February 2022 • 3 min read
'We will be holding companies accountable': How top investors are toughening their line on net zero pledges

Investment

'We will be holding companies accountable': How top investors are toughening their line on net zero pledges

Aviva Investors and BMO Global Asset Management are the latest big investment firms to ramp up pressure on corporates to strengthen their climate strategies

clock 24 January 2022 • 8 min read
Pensions scheme Nest ditches ExxonMobil and string of oil firms over climate concerns

Investment

Pensions scheme Nest ditches ExxonMobil and string of oil firms over climate concerns

Nest claims firms have ‘not done enough’ on climate to remain shareholders, in move prompted by UBS Asset Management's decision to eject firms from 'climate aware' fund

clock 20 December 2021 • 4 min read
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