Joslyn Chittilapally

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AXA Investment Managers divests 165 million euros from coal

AXA Investment Managers divests 165 million euros from coal

AXA Investment Managers, a France-based investment service provider, has pledged to divest 165 million euros (175 million dollars) of its fixed-income portfolios and 12 million euros (13 million euros) of equities portfolios as a result of its new coal policy. It announced that it won’t invest in companies that derive more than 50 per cent of their

India, holy rivers Ganga and Yamuna granted same legal rights as a person

India, holy rivers Ganga and Yamuna granted same legal rights as a person

Days after New Zealand granted the Whangui River the status of legal personhood, the culmination of a 140 year legal struggle by the Maori people, a court in India has declared the rivers Ganga and its main tributary Yamuna a legal “person” in a fresh effort to save it from pollution. The river Ganga Originating in

Defund DAPL, why investors are pulling millions out of the Dakota Access Pipeline

Defund DAPL, why investors are pulling millions out of the Dakota Access Pipeline

The Bakken or Dakota Access Pipeline (DAPL), an underground oil pipeline project in the United States, is owned by a network of oil and pipeline companies, joint ventures and holding companies. After Trump revived it in January without the consent of the Sioux indigenous tribe affected by it and flouting environmental laws, many investors both from the US

Plant based alternatives attract investment from meat producers

Plant based alternatives attract investment from meat producers

Plant based foods are ones in which ingredients aren’t derived from animals. As well as vegetables, legumes, grains, nuts and seeds, the trend in the growth of “fake” meats and plant based milks provides even more options for those seeking alternatives to meat and dairy consumption. These act as substitutes to meat and dairy by imitating animal

How sustainable stock exchanges in the Global South are reshaping business

How sustainable stock exchanges in the Global South are reshaping business

Environmental, social and governance (ESG) requirements in stock exchanges are emerging around the world, showing that global investors are exploring ways to integrate such factors into their investments – aiming to generate not only positive returns but also positive impacts. “Stock exchanges are uniquely positioned at the intersection between investors, companies and regulators. As such they can

Sharia investment, the positive social impact of Islamic finance

Sharia investment, the positive social impact of Islamic finance

Sharia is the Islamic canonical law based on the teachings of the Koran (Qur’an) and the Prophet Muhammad: a set of disciplines and principles that govern the behaviour of a Muslim towards others including with regards to investments or financial services. Sharia explains the Islamic concepts of money and capital, the relationship between risk and profit, and the social

Animal welfare, how investors are abandoning factory farming

Animal welfare, how investors are abandoning factory farming

What is animal welfare Animal welfare refers to the state of an animal. It is defined by how an animal is coping with the conditions in which it lives, according to the World Organisation for Animal Health (OIE), intergovernmental organisation responsible for improving animal health worldwide. An animal is in a good state of welfare if scientific evidence indicates it is healthy,

Green bonds grow in Asia, as a low carbon future looms nearer

Green bonds grow in Asia, as a low carbon future looms nearer

In a region grappling with excessive pollution and greenhouse gas emissions, climate change-induced droughts and floods, exacerbated by high coal-fuelled energy consumption, countries in Asia are exploring innovative clean and green financing products such as green bonds to move towards a sustainable, low carbon economy. As much as 7 trillion US dollars will need to be spent building new

India, tea plantations with sustainable certifications violate labour rights

India, tea plantations with sustainable certifications violate labour rights

Tea production in India, second only to China’s in the world, provides employment to more than 3.5 million workers and accounts for more than 31 per cent of the global market. Working conditions on tea plantations have historically been degrading and dangerous (as exemplified in the 2015 BBC documentary, The Real Cost of A Cuppa). In response to