Shareholders ramp up pressure on HSBC to cut fossil fuel exposure
‘Five years after the Paris agreement was signed, it continues to pour billions into the coal sector’
Divestment
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AP1 halts fossil fuel investments to fend off carbon risks
Swedish pension fund targets carbon neutral portfolio by 2050
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Norway’s largest pension fund divests from alcohol and gambling
KLP has sold out of 42 alcohol and 55 gambling firms and will also shun investments in pornography
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Candriam bans ‘controversial’ stocks across all assets
Exclusion will include thermal coal, tobacco, chemical, biological and white phosphorus weapons.