je.st
news
Pax World divests fund from fossil fuels for investment reasons
2014-05-02 10:05:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The US-based firm Pax World Management has announced that it has fully divested one of its funds from fossil fuel companies, meaning it now has two fossil fuel-free funds on offer. The firm announced on Thursday that the Pax World Growth Fund (PXWGX) will now pursue a fossil fuel-free investment strategy, replacing such investments with holdings in high-impact companies developing solutions to sustainability challenges. Examples include hybrid engine developers Valeo and Gilead Sciences, a...
Tags: world
reasons
investment
fund
Category:Electronics and Electrical
Latest from this category |
All news |
||
|