Divestment from Fossil Fuel Companies: Confluence between Policy and Strategic Viewpoints

Posted: 18 Sep 2015

See all articles by Martina Linnenluecke

Martina Linnenluecke

University of Queensland - Business School

Cristyn Meath

Independent

Saphira Rekker

University of Queensland, Business School, Students

Baljit K. Sidhu

UNSW Australia Business School, School of Accounting

Tom Smith

University of Queensland - Faculty of Business, Economics and Law; Financial Research Network (FIRN)

Date Written: August 1, 2015

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

Suggested Citation

Linnenluecke, Martina and Meath, Cristyn and Rekker, Saphira and Sidhu, Baljit K. and Smith, Tom M., Divestment from Fossil Fuel Companies: Confluence between Policy and Strategic Viewpoints (August 1, 2015). Australian Journal of Management, Vol. 40, No. 3, 2015, Available at SSRN: https://ssrn.com/abstract=2661574

Martina Linnenluecke (Contact Author)

University of Queensland - Business School ( email )

Brisbane, Queensland 4072
Australia

Cristyn Meath

Independent ( email )

Saphira Rekker

University of Queensland, Business School, Students ( email )

St Lucia
Australia

Baljit K. Sidhu

UNSW Australia Business School, School of Accounting ( email )

Sydney, NSW 2052
Australia

Tom M. Smith

University of Queensland - Faculty of Business, Economics and Law ( email )

4072 Brisbane, Queensland
Australia

Financial Research Network (FIRN) ( email )

C/- University of Queensland Business School
St Lucia, 4071 Brisbane
Queensland
Australia

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