divestment

French capital passes motion calling on world's biggest insurance companies to ditch coal, as ice cream brand Ben & Jerry's also launches new divestment campaign

Bishops, Catholic banks worth €7.5bn, humanitarian group Caritas Internationalis and others in the Catholic hierarchy announce plans to drop investments in high carbon energy

University pledges to divest from firms involved in fossil fuel extraction and commits to becoming 'major international partner in development of green energy'

Divestment movement continues to grow as more UK academic institutions fulfil pledges to end fossil fuel investments within three years

University announces it has divested all investments in firms that generate more than five per cent of their revenues from thermal coal or oil and gas from tar sands

Firm follows other big UK and European insurers by excluding coal companies from 1 April

Mayor Bill de Blasio: 'It's up to the fossil fuel companies whose greed put us in this position to shoulder the cost of making New York safer and more resilient'

City authorities could shift billions of dollars from fossil fuel funds in latest victory for divestment movement

In a major coup for divestment campaigners, state governor Andrew Cuomo and NYC comptroller Scott Stringer set out plans to halt pension investments into fossil fuels

It is already entirely possible to interpret fiduciary duty in a way that tackles climate risks and allows for divestment, but plans to update investment rules are still hugely welcome