Chief Gary Nagle is accused of using shift in investor attitudes on ESG as smokescreen for dropping plans to ditch coal business
Today’s fund management industry is less pliable than protesters think it is
Campaigning against the asset manager has shallow logic and will make the literary world poorer
Offloading shares for moral reasons needs to be part of an overarching strategy
Sale of 4.2% holding raises £1.25bn for pharmaceutical group as it shifts focus to high-value drugs
Officials cite barriers to meeting boycott movement’s demands despite precedents on other topics
University’s exposure has risen despite landmark 2020 commitment to divestment
Sale makes strategic sense but Australian miner remains exposed
Selling up means giving up a seat at the table
Anglican Church announces its endowment and pension funds plan to sell out of 11 groups, including Shell and BP
This business school-style case asks readers to make difficult decisions in a time of war
Tweets about investors’ plans have an outsized impact on the value of carbon-intensive companies, research finds
Planned split calls time on merchant solutions arm 4 years after being acquired in $43bn deal
The ESG movement has the industry in its sights — but complex supply chains make it a tricky target
Calls are growing for investors to focus more on driving impact, and less on dodging risks
Activists saw Yoox Net-a-Porter as an unprofitable distraction for Richemont
Plus, your reaction to the UN secretary-general’s call for windfall taxes on the oil and gas sector
Plus, a vision of a better carbon offset market, and China’s new ESG disclosure rules
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
Could a two-pronged strategy bring climate laggards into line?
Oil major under Bernard Looney sees itself less as a shrunken beast and more focused on returns
California’s $319bn Calstrs retirement plan pushes back against legislators’ new bill
A cleanish list of investable nations could look worryingly short
Plus, global talks to cut plastic waste and energy companies creep into ESG funds
Sale to Swedish group Karo Pharma is part of UK company’s bid to focus on higher-growth areas
