Climate Change Is Investors' Most Common Motivation To Dump Stocks

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 68%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Climate change is the single largest motivation of investment institutions to decide to exclude companies from their portfolios, a newly launched 'exclusion tracker' shows

Climate change is the single largest motivation of investment institutions to decide to exclude companies from their portfolios, a newly launched ‘exclusion tracker’ shows. Investors have become increasingly wary of investing in ‘sin industries’, which for many now include fossil fuel companies alongside the weapons and tobacco sectors.

4-trillion sovereign wealth fund, the world’s largest, excluded in 2020 the biggest Canadian oil sands producers – Canadian Natural Resources Limited, Cenovus Energy, Suncor Energy, and Imperial Oil, due to “unacceptable greenhouse gas emissions.” The fund’s Council on Ethics recommended excluding the companies because of carbon emissions from production from oil sands— the first time this criterion was applied at the Norwegian fund, which owns, on average, 1.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 34. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Investment masterclass: what’s one of the world’s leading investors buying?Equities? Not so much, says renowned investor and economist Mohamed El-Erian
La source: FT - 🏆 113. / 51 Lire la suite »