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!