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    Divestment

    Add to myFT Digest

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

    • Friday, 15 September, 2023
      Alice Ross
      Share divestment isn’t the answer to greener investment

      Selling up means giving up a seat at the table

      A promotional display for the Edinburgh International Book Festival
    • Thursday, 22 June, 2023
      Anglican Church
      Church of England dumps oil majors over climate concerns

      Anglican Church announces its endowment and pension funds plan to sell out of 11 groups, including Shell and BP

      Justin Welby, Archbishop of Canterbury
    • Friday, 19 May, 2023
      Business school
      Divestment dilemmas in Russia: business teaching case

      This business school-style case asks readers to make difficult decisions in a time of war

      A man takes down the golden arches of McDonalds store signage
    • Monday, 10 April, 2023
      Fossil fuel groups hit extra hard by divestment pledges that go viral

      Tweets about investors’ plans have an outsized impact on the value of carbon-intensive companies, research finds

    • Monday, 13 February, 2023
      Worldpay Inc
      US fintech FIS to spin off Worldpay payments business

      Planned split calls time on merchant solutions arm 4 years after being acquired in $43bn deal

      Worldpay payment terminal
    • Thursday, 20 October, 2022
      Special ReportSustainable Food and Agriculture
      Investors push food companies to go greener

      The ESG movement has the industry in its sights — but complex supply chains make it a tricky target

      An aerial shot of a tractor applying pesticides to a young green crop
    • Thursday, 20 October, 2022
      FT Moral Money Forum
      Making funding flows fair: Must ESG be bad news for emerging markets?

      Calls are growing for investors to focus more on driving impact, and less on dodging risks

    • Wednesday, 24 August, 2022
      Cie Financiere Richemont SA
      Cartier owner Richemont takes €2.7bn hit on sale of ecommerce unit

      Activists saw Yoox Net-a-Porter as an unprofitable distraction for Richemont

      Advertising for Net-a-Porter in a New York neighbourhood
    • Monday, 8 August, 2022
      Moral Money
      Kirin gets tangled in the divestment debate Premium content

      Plus, your reaction to the UN secretary-general’s call for windfall taxes on the oil and gas sector

      Aung San Suu Kyi attends a hearing at the International Court of Justice in The Hague
    • Wednesday, 8 June, 2022
      Moral Money
      Fossil fuels: does divestment work? Premium content

      Plus, a vision of a better carbon offset market, and China’s new ESG disclosure rules

      Smoke and steam rise from a coal processing plant in Hejin in central China’s Shanxi province
    • Tuesday, 7 June, 2022
      FT Moral Money Forum
      Divestment: are there better ways to clean up ‘dirty’ companies?

      Even as more asset owners shun fossil fuels, some argue that a combination of engagement and the threat of denying funds would have the most effect

      People working on a leaky oil pipeline which looks like a company line chart. The upward bit of the line is devoid of oil, having been cleaned by the people, indicating that cleaner investments make for better profits
    • Monday, 23 May, 2022
      ESG investing
      Environmental activists focus on debt and equity

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

      Hundreds of people joined international environmental movement Extinction Rebellion Boston, with the support of other Boston area climate and social justice organization, in a march on Earth Day in Boston
    • 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

      BP chief executive Bernard Looney
    • 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

      A firefighter tackles a blazing house in Whittier, California, last month following a bush fire
    • 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

      Demonstrators during a protest against the Russian invasion of Ukraine in front of the UN headquarters in New York, US
    • 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

      Packets of Strepsils throat lozenges manufactured by Reckitt
    • Monday, 20 December, 2021
      ESG investing
      Nest dumps ExxonMobil over climate change risks

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

      An ExxonMobil refinery
    • 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

      A pedestrian wearing a protective mask passes in front of BlackRock headquarters in New York, US
    • 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

      People work inside a Spaces co-working office, operated by IWG
    • 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

      An oil platform in the North Sea
    • 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

      The BP-Husky Toledo Refinery stands at sunset in Oregon, Ohio, U.S.
    • Monday, 18 October, 2021
      FTfm
      Bond funds wrestle with human rights dilemma

      Pressure is growing on managers to stop lending to unsavoury regimes

      A poster in Italy depicts Patrick Zaky, a human rights advocate detained in Egypt
    • 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

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