Topic: worldwide divestment movement

Decarbonizing finance never looked smarter

Volatility in the oil market is shifting the financial calculus for institutional investors, for whom renewable projects are starting to look more and more like the safer bet.

Survey: Canadian universities are increasingly cutting fossil fuels from their investment portfolios

A growing number of Canadian universities, including some of the country’s largest, are significantly reducing the industrial carbon in their investment portfolios, a R$ survey shows. Less than a handful of universities are divesting specifically from fossil fuel holdings, but many schools also are using a “responsible investing” approach which considers environmental, social and governance factors.