This article was written by Rob Kozlowski and originally published in Pensions & Investments on October 21, 2022. Chicago Public School Teachers’ Pension & Retirement Fund plans to divest from fossil fuels by the end of 2027. The $11.5 billion pension fund’s board at its Oct. 20 meeting approved a new resolution seeking to engage with…

A recent report written by Tom Sanzillo, Dan Cohn and Connor Chung published by the Institute for Energy Economics and Financial Analysis highlights how poorly fossil fuel stocks have done over the past decade. The report highlights the political influence behind continued fossil fuel presence despite the evergrowing ethical and financial argument in favour of…

This article was written by Robert G. Eccles, Vinay Shandal, David Young, and Benedicte Montogomery and originally published in Harvard Business Review in the July - August 2022 magazine. Despite their reputation in the 1980s as corporate raiders, most private-equity firms attempt to improve the performance of their portfolio companies through better corporate governance. Historically their business…

This article was written by Mike Apostol, Travis Frampton, Mike Kurz, and Magdalene Winterhoff and originally published in The Hamilton Spectator on July 7, 2022. Recently, 130 Australian health-care workers noisily walked away from their pension plan. Why would health-care workers walk away from a valuable retirement savings scheme? Because their pension fund, HESTA, still has billions…

This article was originally published in The Energy Mix on September 11, 2022. June 28, 2020: Coutts, the private banker to Queen Elizabeth II and the rest of the British royal family, has promised to drop its investments in the tar sands/oil sands, Arctic oil and gas exploration, and thermal coal extraction and generation, and to…

Energy Now Media, a pro-fossil fuel organization published an article addressing our BCI Divestment campaign, click here to read it. We’re glad to see that the oil sands supporters are paying attention, but we would request they actually read our website. If BCI divests from fossil fuels it will likely benefit workers because they will…

This article was originally published in The Energy Mix on May 29, 2022. Business-as-usual inaction on climate change could cost the world’s economy US$178 trillion by 2070, while a concerted and collaborative global push for net-zero could see $43 trillion in economic growth over the same period, says a new report from the Deloitte Center…

This article was written by Damian Carrington and originally published in The Guardian on May 26, 2022. Individuals in rich countries face huge financial losses if climate action slashes the value of fossil fuel assets, a study shows, despite many oil and gas fields being in other countries. The researchers estimated that existing oil and…

This article was written by David Milstead and originally published in The Globe and Mail on April 29, 2022. Four of the biggest Canadian pension plans have major ownership in European pipeline or gas-distribution companies serving countries that depend on the flow of natural gas from Russia. The pensions, all of which announced they would…

This article was originally published in The Energy Mix on March 25, 2022. Canada’s first-ever green bond raised $5 billion for environmentally focused projects this Tuesday, after a week-long issuance period that showed investors willing to buy more than twice the value of assets on offer. “The deal arrangers accumulated orders for more C$11 billion…