Divesting from fossil fuel firms can send a message on climate change

Research output: Contribution to specialist publicationArticle


Environmentally focused investors often consider climate risks. But research
suggests carbon-intensive industries’ share prices may not reflect potential liabilities for damages from all associated hazards.

Other climate-related challenges could include sea level rise, storm surges, droughts, wildfires and extreme heat. Beyond performance, many investors recognise the problems of global warming and social issues, extending ethical considerations into broader aspects of their lives, including selecting portfolio assets.

Fossil fuel companies’ activities are the major contributors to carbon dioxide emissions leading to global warming. In response, many investors have chosen to ‘divest’ – to sell assets in these industries – arguing the carbon in those fuels must stay locked below ground to avoid further warming. At P1 Investment
Management, we have also taken the decision to divest from fossil fuels.
Original languageEnglish
Number of pages1
Specialist publicationCitywire New Model Adviser
Publication statusPublished - 14 Jan 2019
Externally publishedYes

Bibliographical note


ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Environmental Science(all)


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