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divestment News

Investors make unprecedented commitment to net zero emissions

Insurers and pension funds managing $2.3 trillion pledged on Monday to shift their portfolios away from carbon-heavy industries in the hope of triggering snowballing climate commitments from other big investors.

Ireland to become first country to divest from fossil fuels

The Republic of Ireland took a crucial step Thursday toward becoming the first country in the world to divest from all fossil fuels, a landmark moment for the global divestment campaign.

Major wealth funds, Church of England get tough on climate change

With managed and invested funds totaling close to $3 trillion, six of the world’s largest sovereign wealth funds, as well as the Church of England, have made major commitments to fighting climate change.

Norway wealth fund plans to drop oil and gas stocks

Oslo - Norway’s trillion-dollar sovereign wealth fund has proposed dropping its investments in oil and gas stocks, saying that doing so would make the country’s wealth “less vulnerable to a permanent drop in oil and gas prices”.

Germany's GEA sells heat exchangers business

D - German mechanical engineering group GEA said on Wednesday it had agreed to sell its heat exchangers business to private equity group Triton in a deal valued at 1.3 billion euros ($1.8 billion).

Germany's GEA sells heat exchangers business

D - German mechanical engineering group GEA said on Wednesday it had agreed to sell its heat exchangers business to private equity group Triton in a deal valued at 1.3 billion euros ($1.8 billion).
 

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An oil refinery  Shell at Martinez  California. The tapering vertical elements are smokestacks to cr...
An oil refinery, Shell at Martinez, California. The tapering vertical elements are smokestacks to create draft for heating units. Most of the complex vertical units are fractionating towers. Others are flares.
Leonard G.
The Treaty Alliance Against Tar Sands Expansion launched a divestment campaign in May 2017 against 1...
The Treaty Alliance Against Tar Sands Expansion launched a divestment campaign in May 2017 against 17 banks that fund oilsands pipelines.
Treaty Alliance

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