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Tag: divest
'Religious leaders should tell followers to divest from fossil fuels'
2014-05-07 14:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Religious leaders should pull their money out of investments in fossil fuel companies and encourage their followers to do the same, according to the UN's climate chief. Christiana Figueres, who is speaking at St Pauls Cathedral on Wednesday night, urges faith groups to "find their voice" and "set their moral compass" on climate change, in an article published in the Guardian. Students and other groups have been campaigning in the US and Europe to encourage universities, local authorities and investors...
Tags: leaders
religious
fossil
fuels
Australians Divest From Big Four Banks That Fund Fossil Fuel Projects
2014-05-02 17:48:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: Today and tomorrow hundreds of customers with Australias Big Four Banks will close their accounts in a statement against the banks investments in new coal and gas projects. These customers will be taking part in Australias first "National Days of Divestment Action" organized by Market Forces and 350.org Australia. Since May of last year, hundreds of customers have "put their bank on notice" and pledged to move more than $100 million AUD out of the Big Four banks unless they commit to ruling...
Comcast agrees to divest customers to Charter
2014-04-28 13:37:00| Telecompaper Headlines
(Telecompaper) Comcast has agreed to transfer 3.9 million cable TV customers to Charter Communications, in an attempt to secure regulatory approval for its proposed takeover of Time Warner Cable. If the deal gets approval, Charter would acquire 1.4 million TWC customers directly, growing its base by over a quarter to 5.7 million and making it the second-largest cable operator in the US. Another 2.5 million Comcast customers will be spun off into a new company 33 percent owned by Charter and to which Charter will provide management services. Comcast will spin off the other 67 percent in the new company to its own shareholders. In addition, Comcast and Charter have agreed to swap 1.6 million customers each in order to better fill in their network footprints. The agreement would ensure that Comcast and TWC's share of the US TV market does not exceed 30 percent after their merger. Comcast would still have almost 30 million customers, after acquiring around a net 7 million from TWC.
Tags: customers
charter
agrees
comcast
ADM to retain cocoa press operations, divest chocolate business
2014-04-16 01:00:00| Food Processing Technology
Archer Daniels Midland (ADM) has announced that it will retain the majority of its cocoa press operations but will pursue the sale of its chocolate business.
Tags: business
press
operations
chocolate
Desmond Tutu: divest from fossil fuels firms in apartheid-style boycott
2014-04-11 12:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Eminent bishop and Nobel peace prize winner Desmond Tutu has called on businesses to cut ties with the fossil fuels industry, in the same way as they did with South African companies during apartheid. Writing in the Guardian, Tutu said that there were many ways people can raise their voice against companies that contribute to climate change. They can boycott sports events that they sponsor, campaign to put health warnings in their advertisements and ask for universities, religious institutions...
Tags: firms
fossil
fuels
boycott
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