Home Fossil-fuel divestment gains momentum with Axa selling coal
 

Keywords :   


Fossil-fuel divestment gains momentum with Axa selling coal

2015-05-23 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Frances largest insurer will scrap holdings in coal companies because of concerns about climate change, broadening support for the fossil-fuel divestment movement to a major mainstream investor. Axa SA Chief Executive Officer Henri de Castries said hes working to sell 500 million euros ($559 million) of coal assets and triple green investments to 3 billion euros by 2020. He joined investors in Paris saying companies must act to contain global warming. There is one thing which is absolutely...

Tags: selling gains coal momentum

Category:Electronics and Electrical

Latest from this category

All news

»
23.11
23.11ProjectDIVAF
23.11MtG
23.11THUNDER TRUCKS HOLLOW II 148
23.11 the Tiger 7 EP
23.11 11 LEGACY
23.11 GENOCIDE
23.11HG PART1 PART2
More »