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Channel: Canada – Institute for Energy Economics & Financial Analysis
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UK pension fund, UBS drop ExxonMobil and others over climate issues

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BusinessGreen: Nest claims firms have ‘not done enough’ on climate to remain shareholders, in move prompted by UBS Asset Management’s decision to eject firms from ‘climate aware’ fund Government-backed pensions scheme Nest has divested from a string of carbon-intensive fossil fuel companies, including US oil major ExxonMobil and Canada’s Imperial Oil, citing concerns over their […]

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