A question in the minds of many responsible investors these days involves the extent to which they should divest from companies with links to the fossil fuel industry, as opposed to supporting those that are making concrete efforts to transition to a carbon-neutral society by 2050, the goal set out in the Paris Agreement. Clearly, divestment is appropriate when considering companies directly involved in fossil fuel exploration, extraction or production. But what about those that support the fossil fuel industry indirectly with, for example, financing, and transportation? Attempts to find answers to this complex question formed the theme of a recent EIG event.
