Ethical and Financial Aspects of Divesting

Truzaar Dordi, Olaf Weber

Research output: Chapter in Book/Report/Conference proceedingEntry for encyclopedia/dictionary


Divestment is defined as the act of withdrawing investments from a company or industry for ethical or financial reasons. It can be described as a form of socially responsible investing (SRI) that applies nonfinancial (environmental and social) criteria as well as exclusionary screening to guide an investor’s financial decisions. While divestment has been most famously pursued against companies compliant in the racial conflicts and human rights violations of the South African apartheid era, the recent fossil fuel divestment movement has burgeoned the largest and fastest growing divestment campaign in history (Hunt et al. 2016).
Original languageEnglish
Title of host publicationEncyclopedia of Business and Professional Ethics
PublisherSpringer Nature Switzerland
Publication statusPublished - 2 Jan 2019

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