Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Chinese and Russian nuclear bombers fly over Sea of Japan as Biden visits Tokyo
    • Sunak orders plan for windfall tax on electricity generators
    • Erdoğan says he no longer recognises existence of Greece’s leader
    • Viktor Orbán refuses to discuss Russia oil embargo at EU summit
    • Monkeypox: what to know about the latest virus to alarm global health bodies
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Chinese and Russian nuclear bombers fly over Sea of Japan as Biden visits Tokyo
    • Trump is losing his stranglehold on Republicans
    • Snap spooks investors with macroeconomic warning
    • SEC prepares to crack down on misleading ESG investment claims
    • JPMorgan warns overseas digital bank losses could top $1bn after UK push
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • $40bn crypto collapse turns South Korea against the ‘Lunatic’ leader
    • Clifford Chance raises pay for newly qualified lawyers to £125,000 a year
    • UK professional services firms seek exemptions to ban on Russia work
    • SEC fines BNY Mellon over ESG in first case of its kind
    • JPMorgan warns overseas digital bank losses could top $1bn after UK push
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
    Most Read
    • Live news: US lets Russia debt waiver expire pushing Moscow closer to default
    • SEC prepares to crack down on misleading ESG investment claims
    • US stocks fall on fears of slowing growth
    • Crypto links with banks pose threat to financial stability, says ECB
    • Banks and funds stash record $2tn overnight at Fed facility
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Trump is losing his stranglehold on Republicans
    • How the great generational wealth transfer will shape our political future
    • I tried remote working from this subtropical island. Don’t get too jealous
    • The Fed must act now to ward off the threat of stagflation
    • The west is divided over how the war in Ukraine must end
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • ‘A bonfire of the decencies’: Peter Hennessy on Boris Johnson’s government
    • Vive la différence between work and play
    • Why presenteeism is an enduring corporate narcotic
    • The cold call is back and worse than ever
    • As a longtime trailing spouse, how do I get back into full-time work?
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • I tried remote working from this subtropical island. Don’t get too jealous
    • Russia: Revolution and Civil War by Antony Beevor — monsters of the past
    • Five of Singapore’s best places for brunch with a difference
    • The Norfolk Lourdes: England’s lost Holy Land
    • How to pitch it this summer
  • How to Spend It
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • How to Spend It
Financial Times
SubscribeSign In

Your guide to a disrupted world

Start a 4-week trial

Divestment

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Monday, 23 May, 2022
    FTfmResponsible Investing
    Environmental activists focus on debt and equity

    Could a two-pronged strategy bring climate laggards into line?

  • Tuesday, 3 May, 2022
    LexBP PLC
    BP: ditching Rosneft makes BP a smaller but slicker play for income investors Premium content

    Oil major under Bernard Looney sees itself less as a shrunken beast and more focused on returns

  • Tuesday, 8 March, 2022
    Impact investing
    Top US pension fund rejects calls for fossil fuel divestment

    California’s $319bn Calstrs retirement plan pushes back against legislators’ new bill

  • Friday, 4 March, 2022
    Serious MoneyStefan Wagstyl
    Emerging markets: where investing and politics meet

    A cleanish list of investable nations could look worryingly short

  • Monday, 28 February, 2022
    Moral Money
    How ESG investors are responding to Russia’s invasion of Ukraine Premium content

    Plus, global talks to cut plastic waste and energy companies creep into ESG funds

  • Friday, 24 December, 2021
    Reckitt Benckiser Group PLC
    Reckitt to sell E45 skincare brand for £200m

    Sale to Swedish group Karo Pharma is part of UK company’s bid to focus on higher-growth areas

  • Monday, 20 December, 2021
    ESG investing
    Nest dumps ExxonMobil over climate change risks

    UK state-backed pension fund divests from five fossil fuel companies

  • Tuesday, 9 November, 2021
    The Big Read
    Stay or sell? The $110tn investment industry gets tougher on climate

    Some asset managers are tiring of quiet conversations with companies about emissions and are now threatening to divest

  • Tuesday, 2 November, 2021
    BlackRock Inc
    BlackRock sells almost half its stake in THG

    Asset manager divests 58m shares in UK ecommerce group at a 10% discount

  • Tuesday, 2 November, 2021
    IWG PLC
    IWG considers splitting business to boost value

    Serviced office group to review structure as competition heats up with rival WeWork

  • Tuesday, 26 October, 2021
    Pensions industry
    Dutch pension giant ABP to dump €15bn in fossil fuel holdings

    Retirement scheme says ‘radical change’ needed as global temperatures rise

  • Monday, 18 October, 2021
    FTfm
    Does it pay to steer clear of sin stocks?

    The case for excluding ESG laggards is not clear-cut, though regulation may soon tip the balance

  • Monday, 18 October, 2021
    FTfmFTfm: Responsible Investing
    Bond funds wrestle with human rights dilemma

    Pressure is growing on managers to stop lending to unsavoury regimes

  • Monday, 28 June, 2021
    Glencore
    Glencore to buy out partners in Colombian coal mine

    Anglo American and BHP sell out of project as investors push for climate action

  • Wednesday, 9 June, 2021
    Inside BusinessHelen Thomas
    Miners’ troubles show need for climate ‘bad banks’

    The transition to net zero may need new models to quarantine ‘stranded’ toxic assets and run them down

  • Thursday, 8 April, 2021
    Anglo American PLC
    Anglo American to demerge South African coal assets

    Mining group plans to list ‘Thungela’ amid investor pressure over environment

  • Sunday, 28 February, 2021
    Danone SA
    Danone milks China dairy stake for €1.8bn as asset sales begin

    Activists to press for governance and strategy changes at board meeting on Monday

  • Thursday, 25 February, 2021
    ETF HubLatest news on ETFs
    Vanguard tops list of world’s largest coal investors

    Campaigners urge asset managers to divest from fossil fuels to help fight climate change

  • Wednesday, 24 February, 2021
    Exxon Mobil Corp
    Exxon offloads North Sea assets

    Deal with Norwegian buyout group marks latest retreat from once-prolific region

  • Tuesday, 23 February, 2021
    Aviva PLC
    Aviva to sell French unit for €3.2bn

    Deal is part of plan to slim down British insurance group

  • Monday, 22 February, 2021
    Trinity College Cambridge to dump fossil fuel companies this year

    Oxbridge’s wealthiest institution has set a net zero target, as divestments by UK university endowments gather pace

  • Sunday, 7 February, 2021
    Sovereign wealth funds
    Sovereign wealth funds sidestep climate change threat

    SWFs urged to be ‘more ambitious’ in the fight against global warming

  • Wednesday, 27 January, 2021
    Special ReportBusiness and Society
    The ESG investor’s dilemma: to engage or divest?

    Asset managers are debating whether it is time to get tough with problem companies

  • Sunday, 10 January, 2021
    HSBC Holdings PLC
    HSBC targeted by shareholders over fossil fuel financing

    Investors file resolution demanding bank publishes strategy and targets

  • Wednesday, 9 December, 2020
    New York state’s $226bn pension fund plans rolling fossil fuel divestments

    Shift in strategy adds to pressure on US energy companies

Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT TransactSecondary Schools

Tools

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

International Edition

Subscribe for full access
  • Switch to UK Edition
  • Top sections
  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
  • US
    • US Economy
    • US Companies
    • US Politics & Policy
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • How to Spend It
  • Special Reports
  • FT recommends
  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • FTfm
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Community
    • FT Live
    • FT Forums
    • Board Director Programme
  • myFT
  • Portfolio
  • Today's Newspaper (ePaper)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In