“Divestment should be a tool of absolute last resort”
-Brynn O’Brien, Executive Director, Australasian Centre for Corporate Responsibility (ACCR).
The certainty and clarity provided by exclusion (divestment or non-investment) has often been the default position for responsible or sustainable investment managers and superannuation funds with ethical/sustainable investment options. It helped to define the responsible investment market in its early days and even now represents a clear value proposition. Investors can decide how their savings are converted into market capital (debt or equity), and where that capital is deployed (or more importantly for some, where it isn’t).
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