Church of England divests from oil majors due to climate concerns

The Church of England Pensions Board has announced its decision to disinvest from Shell and other oil and gas companies that “lack sufficient ambition to decarbonise”

‘Unis must reject all fossil fuel funding’

Academics have come together in a plea to stop all British and American universities investing in any fossil fuel companies whatsoever

Nicola Sturgeon urges oil and gas companies to divest from Russia

Scotland’s First Minister said the “international condemnation” must be followed by actions against Russia

Clergy glue to church furniture to protest over holy fossil fuel bonds

The protesters call on Church Commissioners to divest from fossil fuels

bp sells 20% stake in Omani gas project for $2.6bn

The move is part of a $25 billion divestment programme by 2025

Fossil fuel divestment could be shifting finance into ‘pollution havens’

The University of Edinburgh Business School warns that some domestic banks in countries with strict environmental policies are simply shifting their fossil fuel spending abroad

Ørsted divests business customer portfolio to Total Gas and Power

The move comes as the Danish energy giant works to shrink its downstream operations and focus on building, owning and operating renewable generation assets

Rockefeller Brothers Fund sees financial returns increase following fossil fuel divestment

The philanthropic foundation, founded by the grandsons of oil giant John D. Rockefeller, says its returns are now beating market benchmarks after shifting its portfolio to 99% fossil fuel-free investments in 2014

Royal College of Physicians make fossil fuel divestment pledge

The professional body is pledging to divest from oil, gas and mining companies by 2023 if they fail to demonstrate their operations are in line with the goals of the Paris agreement

BP to sell North Sea assets to Premier Oil in £475m deal

It is the latest step in BP’s planned programme of £7.6bn of divestments by the end of 2020