Smiths Group to Sell Divisions, Return £350 Million to Shareholders
Smiths Group, facing pressure from Engine Capital, plans to sell Smiths Interconnect and Smiths Detection by the end of 2024, returning a large portion of proceeds to investors via share buybacks totaling £350 million in 2025, causing a 13.6 percent surge in its share price.
Smiths Group to Sell Divisions, Return £350 Million to Shareholders
Smiths Group, facing pressure from Engine Capital, plans to sell Smiths Interconnect and Smiths Detection by the end of 2024, returning a large portion of proceeds to investors via share buybacks totaling £350 million in 2025, causing a 13.6 percent surge in its share price.
Progress
48% Bias Score
Dutch Pension Fund Considers €5 Billion Divestment from BlackRock Over Climate Concerns
Dutch pension fund PME is considering withdrawing approximately €5 billion from BlackRock due to concerns about the firm's reduced commitment to climate-focused investing, prompting a letter seeking clarification and potentially shifting investments to another firm.
Dutch Pension Fund Considers €5 Billion Divestment from BlackRock Over Climate Concerns
Dutch pension fund PME is considering withdrawing approximately €5 billion from BlackRock due to concerns about the firm's reduced commitment to climate-focused investing, prompting a letter seeking clarification and potentially shifting investments to another firm.
Progress
44% Bias Score
ESG Investment Policies Spark BDS Concerns in Bay Area
Alameda County and San Francisco State University implemented new ESG investment policies excluding companies involved in weapons manufacturing and human rights violations, prompting concerns from Jewish groups about potential indirect targeting of Israeli companies via the BDS movement.
ESG Investment Policies Spark BDS Concerns in Bay Area
Alameda County and San Francisco State University implemented new ESG investment policies excluding companies involved in weapons manufacturing and human rights violations, prompting concerns from Jewish groups about potential indirect targeting of Israeli companies via the BDS movement.
Progress
36% Bias Score
"UK Universities Divest from Fossil Fuels Amidst Research Revealing Millions in Past Funding"
"Following years of student-led activism, 115 of 149 UK universities have committed to divesting from fossil fuels, totaling approximately £17.7 billion; however, research shows these same universities received at least €170 million in funding from fossil fuel companies between 2016-2023."
"UK Universities Divest from Fossil Fuels Amidst Research Revealing Millions in Past Funding"
"Following years of student-led activism, 115 of 149 UK universities have committed to divesting from fossil fuels, totaling approximately £17.7 billion; however, research shows these same universities received at least €170 million in funding from fossil fuel companies between 2016-2023."
Progress
40% Bias Score
Norma Group Sells Water Management Division to Focus on Core Automotive Business
The Norma Group, a German automotive parts manufacturer, announced the sale of its water management division, which generated €300 million in revenue in 2023, to refocus on its core automotive business and improve investor perception; the move is expected to free up resources for reinvestment and ex...
Norma Group Sells Water Management Division to Focus on Core Automotive Business
The Norma Group, a German automotive parts manufacturer, announced the sale of its water management division, which generated €300 million in revenue in 2023, to refocus on its core automotive business and improve investor perception; the move is expected to free up resources for reinvestment and ex...
Progress
40% Bias Score
Dutch Pension Fund PME Considers €5 Billion Divestment from BlackRock over Climate Concerns
PME, a major Dutch pension fund, is considering withdrawing €5 billion in assets managed by BlackRock due to BlackRock's reduced climate engagement, raising concerns about alignment with PME's sustainability goals.
Dutch Pension Fund PME Considers €5 Billion Divestment from BlackRock over Climate Concerns
PME, a major Dutch pension fund, is considering withdrawing €5 billion in assets managed by BlackRock due to BlackRock's reduced climate engagement, raising concerns about alignment with PME's sustainability goals.
Progress
44% Bias Score
UK University Fossil Fuel Bans Rise 30%
A 30% increase in UK universities banning fossil fuel companies from recruitment fairs this year reflects growing student and staff activism against climate change and the industry's shrinking social licence, impacting recruitment and investment policies.
UK University Fossil Fuel Bans Rise 30%
A 30% increase in UK universities banning fossil fuel companies from recruitment fairs this year reflects growing student and staff activism against climate change and the industry's shrinking social licence, impacting recruitment and investment policies.
Progress
40% Bias Score
Repsol's €13.4 Billion Divestment Plan to Fuel Green Transition
Goldman Sachs projects Repsol will divest assets worth €13.4 billion in 2025, reducing its debt by €1.1-1.7 billion and funding its €16-19 billion green transition plan, involving sales of renewable energy projects in the US and Spain, and oil and gas assets globally.
Repsol's €13.4 Billion Divestment Plan to Fuel Green Transition
Goldman Sachs projects Repsol will divest assets worth €13.4 billion in 2025, reducing its debt by €1.1-1.7 billion and funding its €16-19 billion green transition plan, involving sales of renewable energy projects in the US and Spain, and oil and gas assets globally.
Progress
40% Bias Score
Trump Cabinet Faces Conflict-of-Interest Scrutiny
President-elect Trump is assembling a cabinet of wealthy individuals, many of whom will need to divest assets to avoid conflicts of interest; however, loopholes and a lack of enforcement raise concerns.
Trump Cabinet Faces Conflict-of-Interest Scrutiny
President-elect Trump is assembling a cabinet of wealthy individuals, many of whom will need to divest assets to avoid conflicts of interest; however, loopholes and a lack of enforcement raise concerns.
Progress
52% Bias Score