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coal power plant

Is Carbon Divestment Just Useless Public Shaming?

The carbon divestment trend seemed to be slowing with Microsoft founder Bill Gates labeling divestment “a false solution” and universities with major endowments including Harvard and MIT resisting pressure from activists and deciding not to divest. But then last week at COP21, 350.org and Divest-Invest, two organizations coordinating the fossil … Read more »

Water District Dumps Fossil Fuel Investments

Water District Dumps Fossil Fuel Investments

A California water district unanimously voted earlier this week to divest in fossil fuel companies and ban future investments in any of the biggest 200 coal, oil and gas companies including Alcoa, BP, Exxon and Royal Dutch Shell. The San Jose-based Santa Clara Valley Water District provides drinking water and … Read more »

Rabobank

Rabobank, Storebrand Dump Fossil Fuel Companies

Storebrand and Rabobank have said they will divest from fossil fuel companies. Norwegian pension fund and insurer Storebrand says it has excluded an additional 19 coal and oil sands companies from its investment portfolio and Holland-based Rabobank told Dutch newspaper Trouw it will no longer lend money to companies involved … Read more »

Ecosystem Services: Flying or Crawling in 2013?

The next phase of ecosystem services will affect companies’ decision making and public policy — but how that plays out remains to be seen, according to a BSR blog. Last January, companies seeking financing from the World Bank and other Equator Principles signatories became subject to due diligence processes that … Read more »