Divestment
Pope Francis petitioned to drop fossil fuel investments
NEWS: Pressure mounts on Vatican to join other religious institutions in divesting from coal, oil and gas
University of London’s SOAS freezes fossil fuel investments
NEWS: UK student campaign against oil, gas and coal holdings gathers pace with two universities considering divesting
Climate-friendly bonds are worth US$500bn – report
NEWS: The growing green bond market could stimulate low carbon investment and complement the divestment movement, says think-tank
Should the arts reject money from oil companies?
COMMENT: As churches and universities divest from fossil fuels, it’s time for the cultural industries to follow suit
World Council of Churches divests from fossil fuels
NEWS: A group representing half a billion Christians has said it will no longer invest in coal, oil and gas
Australian bishop accuses Tony Abbott of “denigrating” climate science
NEWS: Climate pressure ramped up on Prime Minister, as Anglican church backs moves to ditch oil, gas and coal holdings
Glasgow University could ditch £19m fossil fuel assets
NEWS: Official panel recommends Glasgow follows other academic institutions in ditching oil and gas investments
Catholic university divests from fossil fuels
NEWS: University of Dayton is largest endowment fund to completely reject fossil fuel investments so far
Fossil-free investment portfolios soared 50% in 2013
NEWS: Investment managers are increasingly offering fossil-free portfolios to their clients, survey finds
Divestment campaign spreads to New Zealand
NEWS: Dunedin becomes first city in New Zealand to stop investing in fossil fuels
Stanford University divestment is a warning to coal industry
ANALYSIS: Stanford’s divestment from the coal industry could mark beginning of a new wave of investor action on climate change
Stanford University to end investment in coal
NEWS: Prestigious American university pledges to divest its $18.7bn endowment fund from coal industry
Australian banks lose millions of dollars as customers divest
NEWS: Hundreds of customers have closed accounts at Australia’s four biggest banks in protest at their fossil fuel investments
Campaigners release ‘hit list’ of 200 largest fossil fuel companies
NEWS: Divestment index reveals polluting companies which ethical investors ‘should avoid’
Pope urged to back fossil fuel divestment campaign
NEWS: Pope should use influence to encourage institutions to remove their funds from fossil fuel industry, write religious groups
Harvard faculty demands fossil fuel divestment
NEWS: Harvard’s refusal to divest from fossil fuels is “self-contradictory” and illogical, claim university faculty members
Norway’s oil fund to increase clean energy investments
NEWS: Norway’s $800 billion wealth fund to double investments in renewables and energy efficiency
Europe’s banks in $1-tril risk from ‘carbon bubble’: report
Two new studies highlight the supposed risks of long-term investment in fossil fuels
UK Law Commission could force fund managers to recognise climate risk
Legal review could drive billion dollar pensions industry to factor environmental impacts into asset analysis
Church of England considers divesting from fossil fuels
Church agrees to take a more active stance on climate change, including reexamination of where they invest their funds