Storebrand AM excludes energy majors in new climate strategy
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.
ThinkStock
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.