Edinburgh Book Festival Ends Baillie Gifford Sponsorship After Activist Pressure
The decision follows similar action by the Hay Festival, driven by protests over fossil fuel investments and ties to Israel.
- The Edinburgh International Book Festival has cut ties with Baillie Gifford after a 20-year partnership.
- Activists and authors pressured the festival, citing the sponsor's investments in fossil fuels and links to Israel.
- Similar protests led to the Hay Festival suspending its sponsorship deal with Baillie Gifford.
- The controversy has sparked a broader debate about the role of corporate sponsorship in the arts.
- Baillie Gifford defends its investments, stating only 2% is in fossil fuels and arguing for a balanced approach to ethical funding.