MARCH 2022 BRIEFING – Bank climate finance resolutions, socially responsible investing practices, divestment from Russian fossil fuel companies.

The Minnesota Divestment Coalition recognizes the State Board of Investment for taking climate change seriously and issuing the Meketa Capital Markets Outlook and Risk Metrics Report at the February 24th SBI meeting. This shows a genuine commitment to reviewing the climate risks of portfolio investments. That said, we hope that the next report contains a …

February 2022 Briefing – Private equity, staffing and new evidence on the impact of divestment

MINNESOTA DIVESTMENT COALITION – February 2022 Briefing to the SBI 1. Recommended due diligence procedures for private equity investment decisions. Almost 25% of SBI holdings are in private equity companies such as KKR and Blackrock. Investments in private equity industries differ in a very important way from investments in publicly traded companies – once the …

MINNESOTA DIVESTMENT COALITION JANUARY 2022 BRIEFING

Scenario Unfolding: Continued fossil fuel investing amid greenwashing leads to market crash This briefing focuses on (1) A statement from the SEC Commissioner regarding corporations misleading shareholders about their climate actions; (2) the findings of the Climate Safe Pensions Report, and (3) a Bloomberg News article about “Wall Street’s $22 Trillion Carbon Time Bomb.” 1) …

October Briefing 2021 – Shareholder Advocacy

MINNESOTA DIVESTMENT COALITION – October 2021 Briefing to the SBI This monthly update highlights global action on fossil fuel divestment and serves to inspire MN State Board of Investment Members to take urgent action to protect our investments and stop climate change. As stated in the Minnesota Divestment Coalition’s September briefing to the SBI, we believe …

September Briefing 2021 – Shareholder Engagement

2021-09-MN-DIVESTMENT-COALITION-BRIEFING-to the SBI Shareholder Engagement: A license to fuel rather than fight climate change This monthly update highlights global action on fossil fuel divestment and serves to inspire MN State Board of Investment Members to take urgent action to protect our investments and stop climate change. The Minnesota State Board of Investment (MSBI) published a …

August Briefing 2021 – Private Equity Funds within the SBI Portfolio

MINNESOTA DIVESTMENT COALITION AUGUST 2021 BRIEFING TO THE SBI This monthly update highlights global action on fossil fuel divestment and serves to inspire MN State Board of Investment Members to take urgent action to protect our investments and stop climate change. At the May 26, 2021, State Board of Investment (SBI) meeting, board members approved …

July Briefing 2021 – Maine passes a bill to divest state investments from fossil fuels

MINNESOTA DIVESTMENT COALITION – July 2021 Briefing to the SBI This monthly update highlights global action on fossil fuel divestment and serves to inspire MN State Board of Investment Members to take urgent action to protect our investments and stop climate change. In June 2021, Maine became the first state to pass legislation that bans …

June 2021 Briefing – IEA Report calls for phasing out new fossil fuel plants

MINNESOTA DIVESTMENT COALITION – JUNE 2021 BRIEFING TO THE STATE BOARD OF INVESTMENT This monthly update highlights global action on fossil fuel divestment and serves to inspire MN State Board of Investment Members to take urgent action to protect our investments and stop climate change. IEA Report calls for phasing out new fossil fuel plants …

May 2021 Briefing – Tar Sands and Line 3

MINNESOTA DIVESTMENT COALITION – MAY 2021 BRIEFING TO THE SBI This monthly update highlights global action on fossil fuel divestment and serves to inspire MN State Board of Investment Members to take urgent action to protect our investments and stop climate change. Tar Sands and Line 3: Bad for investments, the environment, and Minnesota’s Native …

April 2021 Briefing – New York State, the University of Michigan and Blackrock begin divesting from fossil fuels

This monthly update highlights global action on fossil fuel divestment and serves to inspire the MN State Board of Investment Members to take urgent action to protect our investments and stop climate change. New York State to reduce investments in oil sands companies After making the announcement in December 2020 to divest from its riskiest …