Aug. 26, 2022
Beat of the Week
(Honorable Mention)
Exclusive on royal charity examines climate-conscious investing
delivered an exclusive on the Royal Foundation, revealing that the conservation charity founded by Prince William, an outspoken environmental advocate, keeps its investments in a bank that is a major backer of fossil fuels. And more than half its investments are in a “green” fund that owns shares in multinational food companies that buy palm oil from companies linked to deforestation.Based on a tip, Davey spent months poring over the charity’s public filings. The London-based climate accountability reporter also interviewed experts on environmentally responsible investing, connected the foundation’s investments to cases of deforestation and sought comment from all the principals, ensuring that any critique of the Royal Foundation’s investment practices would be fair and accurate.No news organization came close on the widely played story — others either used the AP piece or cited AP in their own reporting.Read more