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The managers bear ultimate responsibility for continuing the actions which investors dislike.
by sideshowb 7y ago
The managers bear ultimate responsibility for continuing the actions which investors dislike.
- kerkeslager 7y agoBut divestors aren't investors any more. I really find it hard to believe that someone would be fired for doing fossil fuel company things at a fossil fuel company because of divestment.
- sideshowb 7y agoThe threat is that more existing investors might divest. Some of the fossil fuel companies are putting significant investment into 2nd generation biofuels, I guess because they have the potential to leverage existing infrastructure. But possibly also because they care what divestors think.