Storebrand AM excludes energy majors in new climate strategy

On the 08.24.20 at 3:19PM


Tuba Raqshan

The Nordic asset manager said that five energy majors – ExxonMobil, Chevron, BASF, Rio Tinto and Southern Company – have been excluded from all its funds for lobbying against the Paris Agreement.

In its new climate strategy, Storebrand AM has tightened investment requirements and through active ownership, it will contribute to corporates globally adapting to climate change.

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