This publication was written by Sustainable Energy (Denmark), supported by DivestInvest Network and Both ENDS. It's primarily aimed at investors who are considering divestment of companies which have fossil fuel extractive business units.

The aims of the paper are threefold:

1. To provide criteria to help investors to decide which coal, oil or gas companies should be divested from, or reinvested in.
2. To improve investor engagement strategies by using the criteria as the basis for engagement strategy.
3. To improve the impact of divestment by providing clear asks of companies when investors divest.

All the criteria to assess companies flow from the recognition that to address the climate crisis, we need an immediate managed decline of fossil fuel exploration and infrastructure.

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