The World Bank continues to indirectly finance some of Asia’s largest coal developers despite its pledges to stop doing so and align with the Paris Agreement, according to a new…
In an unprecedented vote, 98% of shareholders of commodities-trading giant Bunge Limited have voted in favor of a proposal made by activist investment funds to strengthen the company’s non-deforestation policies.…
The Wallace Global Fund’s Ellen Dorsey says philanthropic foundations need to do more, including divesting from fossil fuels and focusing less on building their own endowments.
The old adage of "money talks" is being given a modern data analysis stress test and applied to the assassinations of civil society activists in the global mining sector. In…
MANILA — The Philippines’ energy department has declared a moratorium on new coal-fired power plants, following a reassessment of the country’s energy system. But while the ban halts applications for…
Norway’s Government Pension Fund Global (GPFG) has excluded two of Brazil’s largest energy companies from its portfolio, the fund’s executive board said last week. The decision to divest from mining…
A major sovereign wealth fund has pulled its entire $12.3-million investment from a Peruvian company that was accused in 2019 of failing to sever ties to a palm oil plantation…
This week, Norway released the 2018 investment holdings of its massive government pension fund. Notably absent were four plantation companies previously listed in the portfolio: Olam International, Halcyon Agri Corp,…
BOGOTÁ – A four year-old complaint against global mining company Eco Oro Minerals Corp. has resulted in an investigation and divestment from major investors in a regional project in Colombia.…
A consortium of Asian banks will provide US$3.36 billion in loans to support the expansion of the Tanjung Jati B coal-fired power plant project in the Jepara district of Indonesia’s…
French bank Société Générale has confirmed that it will not finance the expansion of Tanjung Jati B-2 coal plant project in the Jepara district of Indonesia's Central Java province, activist…
Other stories in Mongabay’s series on using the Bloomberg Terminal in advocacy work: Part 1: How to use the Bloomberg Terminal for advocacy work: the basics Part 2: Tracking assets…
Other stories in Mongabay’s series on using the Bloomberg Terminal in advocacy work: Part 1: How to use the Bloomberg Terminal for advocacy work: the basics Part 3: How to use…
Other stories in Mongabay’s series on using the Bloomberg Terminal in advocacy work: Part 2: Tracking assets for environmental advocacy work with Bloomberg Part 3: How to use the Bloomberg Terminal…
Alberta tar sands. Photo courtesy of Dru Oja Jay, Dominion. In its first-ever report on responsible investing, Norway's pension fund announced last week that it has divested from 114 companies…
Sunset. Photo by: Rhett A. Butler. In 1870, John D. Rockefeller founded the Standard Oil Company. Rapidly becoming the world's largest oil refiner, Standard made Rockefeller a billionaire and one…
Peatland forest clearance for palm oil. Excavators clear intact peatland forests and build drainage canals in an oil palm concession owned by PT Andalan Sukses Makmur, a subsidiary of Bumitama…
The fossil fuel divestment campaign won a major victory today as Stanford University announced it would drop coal companies from its massive $18.7 billion endowment, the fourth largest of any…
Last month, over a hundred representatives from zoos and aquariums around the world joined climate activism group, 350.org, pledging that their institutions would take action against global warming, including the…
Norway's $760 billion pension fund has divested from two Malaysian forestry companies due to 'severe environmental damage'. On Saturday, the Norwegian Government Pension Fund Global (GPFG) — the world's largest…
The cities of San Francisco and Seattle have pulled their money out of fossil fuel companies, taking a climate divestment campaign from college campuses to local government. The campaign group…