As the Financial Times points out in the article dated August 4, 2019, climate change is not anymore just a mere ethical issue concerning our planet health, but also as the call for socially responsible investments. "Rise of electric vehicles makes solar and wind better long-term investments than...
A report from Institute for Energy Economics and Financial Analysis (IEEFA) found out recently that BlackRock lost $6.5tn by betting on oil companies and missing out growth in clean energy investment. According to the IEFA report, BlackRock ignored “the serious financial risk of investing in fossil fuel and...
The University of Edinburgh is dumping all its fossil fuel investments, making it the largest UK university endowment fund to be completely free of all coal, oil and gas holdings. Following this decision, the University of Edinburgh will sell its final £6.3m of fossil fuel...