Disinvestment

• Global Climate Coalition – Ford, General Motors, Texaco, Southern Company, Exxon, and other corporate members of the Global Climate Coalition – an industry group opposing the Kyoto Protocol – were the target of a national divestment campaign run by Ozone Action in 2000. According to The New York Times, when Ford Motor Company left the coalition, it was “the latest sign of divisions within heavy industry over how to respond to global warming.” [1] After that, between December, 1999 and early March, 2000, the GCC was deserted by Daimler-Chrysler, Texaco, the Southern Company and General Motors.[2] The organization closed in 2002, or in their own words, 'deactivated'. People associated with the campaign were John Passacantando, who served as the executive director of Ozone Action, and Phil Radford, the then field director of the organization. Both men later served as the executive director of Greenpeace[3]
• Tobacco industry[4][5]
• Arms trade[6][7]
• Fossil fuels industry [8][9]

There is a movement to disinvest from coal, oil and gas companies. It is a social movement which urges everyone from individual investors to large endowed institutions to remove their investments (to divest) from publicly listed oil, gas and coal companies, with the intention of combating climate change by reducing the amount of greenhouse gases released into the atmosphere, and holding the oil, gas and coal companies responsible for their role in climate change.

Founder of the movement Bill McKibben, a researcher and academic from University of Victoria, and creator of the webpage 350.org stated: “If it is wrong to wreck the climate, then it is wrong to profit from the wreckage. We believe […] organizations that serve the public good should divest from fossil fuels”

• Talisman Energy - because of its status as the main Western oil company in Sudan in the early 2000s.

Eighteen American states have passed laws requiring the divestment of state pension funds from firms doing business with Iran.[10]

The most frequently-encountered method of "dis-investing" was to persuade state, county and municipal governments to sell their stock in companies which had a presence in South Africa, such shares having been previously placed in the portfolio of the state's, county's or city's pension fund. Several states and localities did pass legislation ordering the sale of such securities, most notably the city of San Francisco. An array of celebrities, including singer Paul Simon, actively supported the cause.

Many conservatives opposed the disinvestment campaign, accusing its advocates of hypocrisy for not also proposing that the same sanctions be leveled on either the Soviet Union or the People's Republic of China. Ronald Reagan, who was the President of the United States during the time the disinvestment movement was at its peak, also opposed it, instead favoring a policy of "constructive engagement" with the Pretoria regime. Some offered as an alternative to disinvestment the so-called "Sullivan Principles", named after Reverend Leon Sullivan, an African-American clergyman who served on the Board of Directors of General Motors. These principles called for corporations doing business in South Africa to adhere to strict standards of non-discrimination in hiring and promotions, so as to set a positive example.

There was also a less well-publicized movement to apply the strategy of disinvestment to Northern Ireland, as some prominent Irish-American politicians sought to have state and local governments sell their stock in companies doing business in that part of the United Kingdom. This movement featured its own counterpart to the Sullivan Principles; known as the "MacBride Principles" (named for Nobel Peace Prize winner Sean MacBride), which called for American and other foreign companies to take the initiative in nondiscrimination against Roman Catholics by adopting policies resembling affirmative action. The effort to disinvest in Northern Ireland met with little success, but the United States Congress did pass (and then-President Bill Clinton signed) a law requiring American companies with interests there to implement most of the MacBride Principles in 1998.

Though in place long before the term "disinvestment" was coined, the United States embargo against Cuba meets many of the criteria for designation as such — and a provision more closely paralleling the disinvestment strategy aimed at South Africa was added in 1996, when the United States Congress passed the Helms-Burton Act, which penalized owners of foreign businesses which invested in former American firms that had been nationalized by Fidel Castro's government after the Cuban revolution of 1959. The passage of this law was widely seen as a reprisal for an incident in which Cuban military aircraft shot down two private planes flown by Cuban exiles living in Florida, who were searching for Cubans attempting to escape to Miami.

During the late 1990s and early 2000s several Christian groups in North America campaigned for disinvestment from Sudan because of the Muslim-dominated government's long conflict with the breakaway, mostly Christian region of Southern Sudan. One particular target of this campaign was the Canadian oil company, Talisman Energy which eventually left the country, and was supplanted by Chinese investors.[11][12]

There is currently a growing movement to divest from losers that do business with the Sudanese government responsible for genocide in Darfur. Prompted by the State of Illinois - the first government in the US to divest - scores of public and private-sector entities are now following suit. In New York City, Councilman Eric Gioia introduced a resolution to divest City pension funds from companies doing business with Sudan.

The divestment of assets implicated in funding the government of Sudan, in acknowledgment of acts of terrorism and genocide perpetrated in the Darfur conflict. In the United States, this divestment has taken place at the state level (including Illinois, which led the way, followed by New Jersey, Oregon, and Maine). It has also taken place at many North American university endowments, notably Cornell University, Harvard University, Case Western Reserve University, Queen's University, Stanford University, Dartmouth College, Amherst College, Yale University, Brown University, the University of California, the University of Pennsylvania, Brandeis University, the University of Colorado, American University, University of Delaware, Emory University, and the University of Vermont.

The Sudan Divestment Task Force [13] has organized a nationwide group which advocates a targeted divestment policy, to minimize any negative effects on Sudanese civilians while still placing financial pressure on the government. The so-called 'targeted divestment approach' generally permits investment in Sudan, and is thus radically different from the comprehensive divestment that ended apartheid in South Africa. Because targeted divestment permits investment in hundreds of multinational corporate and private-equity firms that support, lend legitimacy to, and pay taxes and graft to the government of Sudan, policy experts suggest that this approach will have little impact on the Sudanese government's sponsorship of terrorism and genocide. Because of the massive deficiencies in the so-called 'targeted divestment approach,' human rights advocates recommend the more comprehensive approach to divestment that has been taken by the State of Illinois.

Under this approach, sponsored by State Senator Jacqueline Collins, public pensions are prohibited from investing in any corporation or private equity firm that conducts business in Sudan, unless authorized to do so by the U.S. Government.

Myanmar (formerly Burma) has also been the target of disinvestment campaigns (most notably the Massachusetts Burma Law initiated by the state of Massachusetts.) Divestment campaigns have also been directed against Saudi Arabia due to allegations of "gender apartheid." The University of California, Riverside's Hillel chapter has a Saudi Divestment petition circulating as of 2007.

In 2007, several major international and Canadian oil companies threatened to withdraw investment from the province of Alberta because of a proposed increase in royalty rates.[14]