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GE, McDonald’s, Starbucks, Nike Cut from DJSI World

GE, McDonald’s, Starbucks, Nike Cut from DJSI World

Amgen, Commonwealth Bank of Australia and GlaxoSmithKline are among the new additions to the Dow Jones Sustainability Indices World. Meanwhile Bank of America, General Electric, McDonald’s, Starbucks and Nike are among the companies to get cut from the DJSI World this year. These companies did, however, make the North American … 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 »