Dutch asset manager to cut fossil fuels from its mutual funds
Robeco will eliminate investments in thermal coal, oil sands and Arctic drilling by year end
24 September 2020 - 15:35
London — Dutch asset manager Robeco is excluding investments in thermal coal, oil sands and Arctic drilling from all its mutual funds, it said on Thursday, joining other investors in cutting their exposure to fossil fuels.
Companies that derive 25% or more of their revenues from thermal coal or oil sands, or 10% or more from Arctic drilling, will be barred from its investment portfolios, Robeco said in a statement...
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