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divest
73 posts
Scots banks helped oil firm linked to Israeli settlements raise £500m
Natwest and Lloyd's underwrote a £500m bond issuance by Ithaca Energy in 2021, after it was named by the UN as supporting West Bank settlements.
February 22, 2024
Baillie Gifford has invested £670m in firm aiming to drill oil near Amazon
The longtime sponsor of Edinburgh’s book festival has invested hundreds of millions of pounds in a firm which wants to drill for oil near the mouth of the River Amazon, close to a reef which is a wildlife hotspot.
February 7, 2024
Revealed: Edinburgh investment firm’s links to illegal West Bank settlements
An investment firm that sponsors Scottish cultural organisations invests in companies linked to illegal Israeli settlements in the West Bank.
December 17, 2023
Nominee boycotts VisitScotland awards over oil links
Andrew Watson has claimed that the tourism board is "knowingly" funding fossil fuel expansion by offering Lothian Pension Fund as a pension scheme to its employees.
December 1, 2023
Sepa pensions invested in oil and sewage-dumping water firm
Pensions for Scotland’s environment agency (SEPA) are invested in fossil fuels and an English water company that spilled more sewage than any other last year.
November 26, 2023
Book industry workers tell Baillie Gifford to drop fossil fuels
Campaign group Fossil Free Books wants literary festivals to use their "unique relationship" with Baillie Gifford to encourage it to divest from fossil fuels.
October 11, 2023
Authors raise concerns over Baillie Gifford’s sponsorship of Edinburgh International Book Festival
More than 50 authors due to appear at the Edinburgh International Book Festival have called on the event to drop Baillie Gifford as a sponsor if the firm continues to invest in fossil fuels.
August 11, 2023
Scottish Government rejects Tory bill which “backs Israel’s apartheid regime”
Scottish ministers have rejected a controversial UK Government bill which bans public bodies from boycotting foreign countries and allegedly “backs Israel’s apartheid regime”.
August 9, 2023
Book festival sponsor has major investments in fossil fuels
The book festival will this year host climate activists including Greta Thunberg, but its sponsor, Baillie Gifford, has significant investments in firms involved in the coal, oil and gas sectors.
July 28, 2023