Menu Close

Reasons Big Finance Is Bailing On Fossil Fuels

Norway’s sovereign wealth fund leads the institutional exodus of fossil fuel investing.

Two Thirds of Fossil Fuel Reserves Must Stay Underground to ...

The decline in percentage interest for fossil fuel companies in major indices reduces the risks for investment manager of non-inclusion.  The total impact on performance, and benchmark performance, is reduced by the reduction in benchmark interest for fossil fuel companies.

 

Blackrock, Vanguard and State Street are among US institutions reducing relative size allocations

to fossil fuels.

 

Read More

Full Article

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *