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Fossil Fuel-Free Index Will Help Investors Manage Climate Risks

2014-05-01 13:57:00| Climate Ark Climate Change & Global Warming Newsfeed

Forbes: A new index has been launched that will make it easier for investors to steer their investments away from fossil FOSL -0.22% fuel companies, which contribute to climate change and pollution. The new index series, launched by FTSE Group, BlackRock BLK +0.17% and the Natural Resources Defense Council, will exclude companies linked to exploration, ownership or extraction of carbon-based fossil fuel reserves. The new investment tool will allow climate-conscious investors, including foundations, universities...

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