fossil fuels

Sustainability

Denmark’s AkademikerPension takes on the banks financing fossil fuels

Engagement by Denmark’s AkademikerPension forced Dankse Bank to rethink financing fossil fuels. CIO Anders Schelde believes this represents a new frontier in institutional investor pressure on the fossil fuel industry that will work because financing oil and gas is not a core business for banks.

Sarah RundellFebruary 16, 2023

Stanford 2018

Fossil fuel on last legs: Lovins

Rocky Mountain Institute co-founder Amory Lovins warned that competition would tip fossil fuels into decline at a ‘breathtaking’ pace. Investors have a duty to act, he said.

Sarah RundellOctober 2, 2018

Sustainability

PRI focused on commitment to task

As the 2018 PRI in Person conference begins, the prospect of recovering fossil fuel prices adds urgency to the organisation’s efforts to expand – and to keep current members on task.

Sarah RundellSeptember 13, 2018

Investor Profile

TRS fuels up for energy surge

The $155 billion Teacher Retirement System of Texas is restoring its target allocation to energy, as experts see favourable conditions due to higher US oil production and continued reliance on fossil fuels. This is at odds with other investors divesting from fossil fuels.

Sarah RundellSeptember 7, 2018