divestment in a sentence
n.
Definition
Divestment is the process of selling off or removing investments in certain industries or assets, particularly those deemed harmful to social or environmental goals.
Sample Sentences
- The company's recent divestment from fossil fuels aligns with its commitment to sustainability.
- Investors are increasingly advocating for divestment from industries that contribute to climate change.
- The board approved the divestment strategy to improve financial performance and shareholder value.
- Following the divestment, the organization redirected its funds toward renewable energy projects.
- Divestment can be a powerful tool for influencing corporate behavior and promoting social responsibility.
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