US EditionCambridge and the UN Pension Fund Divest Some Fossil Fuel Holdings
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Cambridge and the UN Pension Fund Divest Some Fossil Fuel Holdings
Cambridge University and the U.N. pension scheme will move up to $750 million of their investments to track a novel bond index that will exclude or limit exposure to companies helping to expand production of climate-damaging fossil fuels. While some investors have already cut exposure to the stocks of companies involved in the oil and gas sector, most of the money bank-rolling the expansion of fossil fuel production comes from loans and bonds, m…
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