Norway’s Largest Private Asset Manager Divests in Chevron, Exxon for Lobbying Against Climate Action
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Aug 27, 2020, 12:50 pm763 ptsTrendingInterestingTop
EcoWatch
A Norwegian hedge fund worth more than $90 billion has become the first major financial institution to divest from companies that lobby against action on the climate crisis, The Guardian reported Monday. Storebrand, as the fund is called, is the largest private asset manager in Norway, according to Reuters. As…
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