I have written before that I think divestment campaigns are plain stupid. What happens if a major investor sells its shares in oil and gas companies is that it gives the management of these companies a carte blanche to do whatever they want without being held accountable for their actions. It’s much better to invest in these companies and become an active shareholder, engaging with company management and voting on critical issues. I have written about anecdotal evidence that engagement works in my previous article linked above.
Engage, engage, engage
Engage, engage, engage
Engage, engage, engage
I have written before that I think divestment campaigns are plain stupid. What happens if a major investor sells its shares in oil and gas companies is that it gives the management of these companies a carte blanche to do whatever they want without being held accountable for their actions. It’s much better to invest in these companies and become an active shareholder, engaging with company management and voting on critical issues. I have written about anecdotal evidence that engagement works in my previous article linked above.