Israeli investment house scores first with pledge not to invest in fossil fuels
View of chimneys from a refinery in Haifa Bay. (Shay Levy/Flash90) Cramim Investments announced Wednesday that it will not fund any companies connected with global warming fossil fuels, becoming the first investment house in Israel to earn a new green investors’ certification developed by environmental groups. Owned by Adi Sweid and Ran Amitai, and running since 2007, Cramim mainly invests in corporate bonds and companies that are now listed on the fossil fuel-free index, which was formally l...
Source: timesofisrael.com