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Rockefeller Fund to Cut Exxon Holdings on Climate-Change Worries

2016-03-24 01:50:28| Energy - Topix.net

The Rockefeller Family Fund said on Wednesday it will divest from fossil fuels as quickly as possible and "eliminate holdings" of Exxon Mobil Corp., saying the oil company associated with the family fortune has misled the public about climate change risks. The U.S.-based charity will also divest its coal and Canadian oil sands holdings.

Tags: cut fund holdings worries

 

Rockefeller family charity to withdraw all investments in fossil fuel companies

2016-03-23 22:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A charitable fund of the Rockefeller family who are sitting on a multibillion-dollar oil fortune has said it will withdraw all its investments from fossil fuel companies. The Rockefeller Family Fund, a charity set up in 1967 by descendants of John D Rockefeller, said on Wednesday that it would divest from all fossil fuel holdings as quickly as possible. The fund, which was founded by Martha, John, Laurance, Nelson and David Rockefeller, singled out ExxonMobil for particular attention...

Tags: family companies fuel investments

 
 

Rockefeller Fund to Cut Exxon Holdings on Climate-Change Worries

2016-03-23 21:37:15| Oil & Gas - Topix.net

The Rockefeller Family Fund said on Wednesday it will divest from fossil fuels as quickly as possible and "eliminate holdings" of Exxon Mobil Corp., saying the oil company associated with the family fortune has misled the public about climate change risks. The U.S.-based charity will also divest its coal and Canadian oil sands holdings.

Tags: cut fund holdings worries

 

Rockefeller Fund To Divest Fossil Fuel Funds, Says Exxon Conduct Is Reprehensible

2016-03-23 20:33:10| Chemicals - Topix.net

In a Wednesday announcement, the Rockefeller Family Fund made a move to divest from fossil fuels by "eliminating holdings" of Exxon Mobil Corporation . In a Reuters article outlining the move, Rockefeller is unhappy with Exxon's actions and "allegedly misleading the public about the threat of climate change."

Tags: funds fund conduct fuel

 

Texas Instruments Incorporated (TXN) Shares Sold by Rockefeller Financial Services Inc.

2016-03-14 17:40:20| Semiconductors - Topix.net

Rockefeller Financial Services Inc. decreased its position in shares of Texas Instruments Incorporated by 24.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 85,200 shares of the company's stock after selling 26,974 shares during the period.

Tags: services inc financial instruments

 

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