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New research shows divestment works!

Recently published research by the University of Augsburg shows that divestment works:

  • Divestment resulted in reducing the divested company's share price

  • The divested companies reacted by cutting their carbon emissions


This short video explains the researchers methodology and findings:



Tired old objections to refreshing new answers

  • There is no evidence that divestment works => There is now strong evidence

  • ​Selling shares has no effect on price => Yes it does!

  • ​A new buyer may not care about carbon emissions => The divested company reacts by cutting its emissions!

  • ​Engagement has more effect => NO! Divestment easily outperformed engagement in this study.


You can find out more by reading the full report here - as you might expect, it is thorough, detailed and convincing!

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