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Article

8 Jan 2018

Author:
University of Oxford

New principles on corporate investment should address moral challenge of climate change, says University of Oxford

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"New principles to guide corporate investment towards climate goals", 4 Jan 2018

...A new set of principles are needed to address the moral challenge of climate change. These principles, developed by a team of researchers at the Oxford Martin School, and published this week in Nature Climate Change, are a set of scientifically-grounded tools for the use of both investors and companies to assess corporate strategy against climate change...

...The Oxford Martin Principles provide concise and fact-based guidance that can be widely applied to companies...The paper applies these principles to three very different companies - BHP Billiton, Unilever, and Statkraft...

...Professor Sir John Beddington, Senior Adviser at the Oxford Martin School, concludes, "The involvement of the commercial sector is essential if climate change is to be mitigated. The simple solution of no investment in fossil fuel related companies is not the answer. These principles provide a significantly more sophisticated way for investors and companies to engage beyond simple divestment"...