Volatility in the oil market is shifting the financial calculus for institutional investors, for whom renewable projects are starting to look more and more like the safer bet.
Topic: worldwide divestment movement
Survey: Canadian universities are increasingly cutting fossil fuels from their investment portfolios
A growing number of Canadian universities, including some of the country’s largest, are significantly reducing the industrial carbon in their investment portfolios, a R$ survey shows. Less than a handful of universities are divesting specifically from fossil fuel holdings, but many schools also are using a “responsible investing” approach which considers environmental, social and governance factors.