News & Analysis as of

Climate Change Divestment

Vinson & Elkins LLP

V&E Quarterly Securities & ESG Updates - Summer 2023

Vinson & Elkins LLP on

Welcome to Vinson & Elkins’ Securities and ESG Updates. Our aim is to provide insights into notable developments in securities reporting and the environmental, social and governance space over the quarter and, where...more

Cadwalader, Wickersham & Taft LLP

Climate Suit Against Directors of UK’s Largest Pension Plan Heads to Appeals Court

A British appeals court will review the 2022 dismissal of a novel lawsuit accusing current and former directors of the United Kingdom’s largest private pension plan of mismanagement for, among other reasons, failing to divest...more

Cadwalader, Wickersham & Taft LLP

State Legislative Developments: Oklahoma and West Virginia

On March 21, 2023 the Oklahoma House of Representatives passed House Bill 2547, which claims to be “designed to continue protections of state pension funds from strategies that would be harmful to the state’s energy...more

Goodwin

Horizon Scan for Private Investment Funds: Key Recent and Expected Funds, Regulatory and Tax Developments to Look Out For

Goodwin on

Welcome to our January 2023 Horizon Scan, where we focus on some of the principal recent and expected developments and changes that we expect to be of interest to those in the non-listed funds sector. We have grouped the...more

Foley Hoag LLP - Public Companies & the Law

Shareholder Activism or Divestment? The Massachusetts Pension Fund Chooses Activism

The Boston Globe reported yesterday that the Massachusetts Pension Reserves Investment Management Board approved investment guidelines that would have the Board vote against directors of companies in which the Board invests...more

Mintz

Divestment from Fossil Fuel Companies Expands and Accelerates

Mintz on

Today, UBS Asset Management announced that it would divest from five energy companies, including ExxonMobil, because these companies are not adequately addressing climate change concerns. This action by a private sector...more

Mintz

Climate Change: Private Sector Pressure: Divestment

Mintz on

Climate change poses many risks. For companies, besides the physical impact of climate change itself, this risk is often embodied by regulatory pressure imposed by government agencies or other entities exercising oversight...more

Flaster Greenberg PC

Marcellus Shale Update: 2020: The Year Of The Great Energy Disconnect

Flaster Greenberg PC on

2020 obviously will be the Year of the Pandemic. However, when it comes to energy, 2020 will also be known as the Year of the Great Disconnect. Thanks to the COVID-19 Pandemic, never have fossil fuels been more important...more

Carlton Fields

On to Greener Pastures: The Landscape of Impact Investing, Divestment Strategies, and How Investors Are Combatting Climate Change

Carlton Fields on

Two investor-led strategies that seek to combat climate change include impact investing and divestment. Impact investments are supporting enterprises in fields such as renewable energy, sustainable agriculture, and...more

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