top of page
  • Writer's pictureGustavo Bernal Torres

So You Say You’re Divesting From Fossil Fuels? Prove It.

New York City trumpeted a big plan to green its pension fund investments. We tried to find out how, and apparently the divestment details are … confidential-

  • Divest from the bad, invest in the good. There is no question it’s happening now as never before. Investors around the world have committed to divest more than $11 trillion from fossil fuel companies, says

  • Holding financial institutions accountable for divestment pledges is the hard part. Divesting is complex and multi-layered. Refusing to name names is not the only thing NYC is doing to shield its divestment strategy from public scrutiny. It took a Freedom of Information Act request from the non-profit Divest Now to make public a previously confidential series of divestment reports prepared for the city by asset management giant BlackRock.



Recent Posts

See All

There may be an investment case for holding them, but it’s not obvious they are saving the planet. The investors who penned the open letter — including BNP Paribas Asset Management, Eden Tree Investme

bottom of page