Forest Industry Divestment Action Group
Publicly traded companies portray themselves as models of sustainability while removing BC forests, destroying wildlife habitat, increasing the risk of fires and floods and causing the release of millions of tonnes of carbon emissions. Do stockholders know what they are invested in?
AMONG THE 20 LARGEST COMPANIES competing in BC’s over-sized forest removal industry, there are 9 that are publicly traded. They are each responsible for large releases of greenhouse gases and a loss in carbon sequestration capacity as a consequence of their operations. Each company’s operations contribute to the destruction of wildlife habitat and decline in populations. In the midst of a climate emergency and the collapse in biodiversity, it is unethical to hold investments in such companies. The Evergreen Alliance is building a science-based case to encourage investors in these companies to divest themselves of their shares.
To join this action group, contact us.