Divest

Divest: To divest means to sell off or dispose of Assets, investments, or holdings. This can be done for various reasons, including financial, ethical, or legal considerations.

Examples:

• A company may divest its coal mining operations to focus on renewable energy sources.
• An investor might divest Shares in a company involved in controversial practices, like fossil fuels or tobacco.

Cases:

• In 2020, several large Pension funds divested from companies that did not meet environmental Sustainability criteria.
• After facing public pressure, a Multinational Corporation divested from its subsidiaries in countries with poor human rights records.