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Divestment from fossil fuel companies: Confluence between policy and strategic viewpoints

Authors: Linnenluecke, Martina; Meath. Cristyn; Rekker, Saphira; Sidhu, Baljit; Smith, Tom;

Divestment from fossil fuel companies: Confluence between policy and strategic viewpoints

Abstract

In October 2014, the Australian National University announced that it was divesting from seven fossil fuel-intensive companies. This announcement sparked an unprecedented response in the community, both positive and negative. We examine this decision, the divestment movement in general, the science behind the issue and strategic responses, both policy and organisational. We argue that a confluence between policy responses and organisational responses is beginning to emerge that will lead to greater action on climate change.

Country
Australia
Keywords

Strategy, 1400 Business, Management and Accounting, Climate change, Divestment, Fossil fuels, Confluence, Policy, Climate change; confluence; divestment; fossil fuels; policy; strategy, jel: jel:P48, jel: jel:G10, jel: jel:G32, jel: jel:G11, jel: jel:Q51, jel: jel:K32, jel: jel:O13, jel: jel:Q54, jel: jel:G18

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