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

Martina K Linnenluecke, Cristyn Meath, Saphira Rekker, Baljit K Sidhu and Tom Smith
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Baljit K Sidhu: UNSW Australia Business School, The University of New South Wales, Australia
Tom Smith: UQ Business School, The University of Queensland, Australia

Australian Journal of Management, 2015, vol. 40, issue 3, 478-487

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.

Keywords: Climate change; confluence; divestment; fossil fuels; policy; strategy (search for similar items in EconPapers)
JEL-codes: F64 G10 G11 G18 G32 K32 O13 P48 Q51 Q54 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:ausman:v:40:y:2015:i:3:p:478-487

DOI: 10.1177/0312896215569794

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