Sentences with phrase «investment divested»
Recently, the Rhode Island State Investment divested pension funds from Third Point LLC, a hedge fund owned by StudentsFirstNY board member Daniel Loeb.
http://www.studentsfirstny.org/ Not exact matches
The fossil fuel divestment campaign began on university campuses in 2011 but the new report reveals that concerns over investments in coal, oil and gas have now entered the financial mainstream, with more than 80 % of the funds now committed to divest being managed by commercial investment and pension funds.
There student activists persuaded the school's chief investment officer, David Swensen, a widely respected noncorrelated investing leader, to partially divest Yale's $ 25.6 billion endowment from the fossil fuel industry.
My uncle took over the U.K. business, Associated British Foods, following a strategy that ultimately divested the retail business and increased investment in ingredients — oils, flours, sugars and the like.
Gamble's successor, Robin Schiele — a seven - year veteran of the magazine who had also worked at the Montreal Gazette and a Montreal investment house — continued the profitable run, and by 1977 Revenue Canada again insisted the chamber divest or fold the magazine, which then boasted a circulation of 52,000 and, with multiple readers per copy, a readership of 185,000.
Toyota says its decision to divest part of its Tesla shares is «part of our process of regularly reviewing our investment portfolio.»
Do the Investment Math: Building a Carbon Free Portfolio calculates the incremental risk of divesting from coal and major carbon - producing industries and finds that such divestment does not increase portfolio risk.
There has been steady growth in interest in public banking, spurred by the 2008 recession, by criticism of investment practices of some Wall Street banks, and, in some cities, by recent campaigns to divest from banks financing the Dakota Access Pipeline.
Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.
The Massachusetts Institute of Technology (MIT) joined Yale and Harvard in rejecting the demand of a student - led group to divest its investment in fossil fuels.
Last month, Democratic New York Gov. Andrew Cuomo announced plans to have the state pension funds also divest from fossil fuel investments.
Many institutional investors choose to divest from certain types of investments, or are under mandate to avoid exposure to specific industries or geographies.
Fresenius Medical Care today announced an important strategic step to sharpen its U.S. Care Coordination profile with the signing of a definitive agreement to divest its controlling interest in Sound Inpatient Physicians Holdings, LLC to an investment consortium led by Summit Partners, for total transaction proceeds of...
Shell, which has been slowly divesting its Woodside holding, initially said its Shell Energy Holdings Australia Limited (SEHAL) unit had struck a deal with two investment banks to sell 71.6 million Woodside shares for A$ 31.10 ($ 23.79) apiece.
New York City announced it filed a multibillion dollar lawsuit against five top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments from its $ 189 billion public pension funds over the next five years.
We have the flexibility to phase our investment projects and a disciplined and rigorous approach to capital allocation that ensures we only invest in the highest returning opportunities in the most attractive sectors and divest assets that no longer fit with our strategy.»
«Scott Stringer and the Board of Trustees must choose a side: to continue funding climate change through investments in companies like Exxon, or to take action on climate, divest and reinvest to save our future and beloved communities.»
Moreover, as recently as January, the New York City teacher pension fund divested holdings in five publicly traded firearms manufacturers, for investments valued at $ 13.5 million.
Already in 2016, the American United Methodist Church declared the five largest Israeli banks off - limits for investment, French telecom giant Orange terminated its Israeli contracts, and Irish multinational CRH divested its share from the Israeli company supplying concrete for the Apartheid Wall.
We continue to make good progress to transform our businesses through divesting or closing non-core assets, business improvement and targeted investment.
The worldwide push for government entities to drop investments in fossil fuels comes home to roost in the Empire State: this week New York legislators, led by Senator Liz Krueger, introduced the Fossil Fuel Divestment Act, which would require Comptroller Tom DiNapoli to divest the Common Retirement Fund's holdings in the top 200 fossil fuel companies by 2020.
Over the past legislative session, the issue of divesting state pension funds of fossil fuel investments received considerable debate both in the State House and around Vermont.
Recently, after over five years of community campaigning for New York to divest from fossil fuels, City Comptroller Scott Stringer and Governor Andrew Cuomo each released separate proposals to freeze all current fossil fuel investments, divest New York's public pension -LSB-...]
Comptroller Scott Stringer said Thursday that New York City's pension funds had divested its investments in private prison companies, calling it the first such move by a major U.S. city.
The New York Greens are also calling on the state Comptroller to «immediately» freeze any new investments in fossil fuels and «divest from direct ownership and any commingled funds that include fossil fuels.»
«While there are no immediate plans to divest our energy holdings, I welcome the opportunity to partner with Governor Cuomo and with the proposed advisory council to identify additional ways to continue our progress in achieving investment returns, while contributing to the emerging low - carbon economy,» DiNapoli said in a statement.
Meanwhile, the state comptroller says he's thinking of divesting the state's pension fund from investments in gun manufacturers.
As part of a worldwide campaign, 350NYC wants the City of New York to immediately freeze any new investment in fossil fuel companies, and divest from direct ownership of any commingled funds that include fossil fuel public equities and corporate bonds within five years.
DiNapoli and previous comptrollers have used the fund as a vehicle for social change in the past, divesting funds from South Africa during the apartheid era, and from tobacco companies, as well as freezing and then ending investments in guns manufacturers after the Sandy Hook Elementary School shooting.
The Rockefellers, who made their vast fortune on oil, and other philanthropies and high - wealth individuals on Monday will announce pledges to divest a total of $ 50 billion from fossil fuel investments.
«The NSF now insists that we do commercial, non — peer - reviewed science so they can divest — and show positively that Arecibo no longer does mainstream radio astronomy and is thus unworthy for NSF investment.
DeVos did not divest of all of her investments with ties to education — most notably a company engaged in marketing a dubious «biofeedback» device.
Having successfully developed a digital eReading ecosystem on an equal footing with strong US - based competitors, it is now the right moment for Deutsche Telekom to divest the platform business that we have built up over the last four years with substantial investment and effort.
Difficult, but worthwhile conversations would include regulating derivatives (a.k.a. bucket shops), establishing a modernized version of the Glass Steagall Act, reforming ratings agencies, divesting the Federal Reserve of conflicts of interest from its charter, raising capital requirements (rather how to do it) and forcing the sales of investment houses / management services that masquerade as FDIC insured banks.
This can be very valuable for those who are slowly divesting from another investment.
As for the original «experimental» investment, I'm currently divesting as payments come in just to see how easy it is to get my money back.
The company's CEO, Bracken Darrell, confirms Logitech will divest all peripheral investments by the end of the 2013 calendar year
Pratt Institute has officially announced that it will divest from its investments in fossil fuels to reinforce the Institute's overall commitment to environmental sustainability.
Divesting in carbon was a further step in aligning our investments with our mission.»
DiCaprio attended a meeting of the Divest - Invest Coalition in New York City Tuesday, where he pledged to end his personal and his Leonardo DiCaprio Foundation's investments in the fossil fuel sector.
He was a member of the divestment movement, urging colleges and universities to pull their endowment investments out of oil and natural gas companies and tweeted about how it was a «sane» position to suggest that «Exxon's actions may have imperiled all of humanity... It's time to divest.»
The goal of the campaign is to convince college and university presidents and boards to immediately freeze any new investment in fossil fuel companies, and divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within five years.
Maintaining the momentum, and not forgetting where we started out, we rejoined with our Divest London friends at the beginning of 2016 with a sea - shanty / flooding themed event at City Hall, and celebrated a short while later when all four leading candidates for Mayor of London committed to work to phase out London - wide fossil fuel investments.
Carbon taxes are the only policy tool that, by slashing demand in a rapid, predictable way, divests our economy from fossil fuels and enables governments, business, and consumers to make investments in the transition to clean energy.
State pensions must divest from fossil fuel companies, and a Green Energy Development Bank to leverage public and private funds toward clean energy investment is to be created.
The UCL study was also propitiously timed to assist the February 13 - 14 «Global Divestment Day» campaign, which aims to pressure institutions and investment funds to divest from fossil - fuel companies.
After more than five years of inspiring and creative campaigning from the climate movement, the New York City and State pensions are moving forward to freeze new investments in fossil fuels and divest.
In addition to this effort, I authored the legislation creating the District's first Climate Change and Resiliency Commission; I led the fight to have the District's retirement and pension funds divest from carbon and fossil fuel investment holdings; I wrote several bills to expand opportunities for solar installation; and I led the effort to name 2018 as the Year of the Anacostia River to celebrate and bring attention to the river on the eastern half of our city.
For a stable climate, fewer wars, healthy children, clear air & water, a switch to wind & solar energy, green jobs, stable energy costs and energy independence, cleaner governance, more land for food and forests, sound investments and quieter cities, it's time to divest from fossil fuels: oil, gas and coal.
Globally, more organisations are divesting from fossil fuel related investments, including New York city's plans to divest from fossil fuels and sue the fossil fuel industry for the costs of climate impacts on the metropolis, and San Francisco's plan for divestment created early this year.