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Dutch pension fund PMT sticks with nine oil and gas companies

Summary by Ground News

Pensioenfonds Metaal & Techniek said it will continue to invest in nine oil and gas companies including Shell and BP. The fund shed companies that didn't sufficiently demonstrate a contribution to the energy transition. The decision comes after the much larger ABP fund in 2021 said that it woulddivest 15 billion euros worth of fossil-fuel assets.

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Dutch pension fund PMT sticks with nine oil and gas companies

One of The Netherlands’ largest pension funds said it will continue to invest in nine oil and gas companies — including Shell and BP — while dropping dozens of others. The post Dutch pension fund PMT sticks with nine oil and gas companies appeared first on Energy Voice.

1 year ago·United Kingdom

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Pension fund PMT slashes fossil investments, sticks with Shell - DutchNews.nl

Engineering pension fund PMT has decided to stop investing in 40 oil and gas companies because they are not environment-friendly...

1 year ago·Amsterdam, Netherlands

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Dutch News broke the news in Amsterdam, Netherlands 1 year ago on Friday, December 1, 2023.

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