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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway’s sovereign wealth fund drops 52 companies linked to coal

Posted on 18 April 2016

Norway’s $860 billion sovereign wealth fund has unveiled the first list of miners and power producers to be excluded from its portfolio following a ban on coal investments.
The 52 companies being barred include American Electric Power Co. Inc., China Shenhua Energy Co. Ltd., Whitehaven Coal Ltd., Tata Power Co. and Peabody Energy Corp., according to a statement from Norges Bank Investment Management, the unit of Norway’s central bank that manages the world’s biggest wealth fund………………………………………..Full Article: Source


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