Europe's Second Largest Pension to Divest From Fossil Fuels | Chief Investment Officer
ABP has approximately $17.4 billion invested in the industry.
Source: ai-cio.com
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ABP has approximately $17.4 billion invested in the industry.
£4.2 billion of assets in joint move from groups worldwide
ABP, which has around three million clients in the Netherlands, said it will divest from the fossil fuel producers in phases.
Dutch pension fund ABP will divest 15 billion euros ($17.5 billion) of investments in fossil fuel producers by 2023, it said on Tuesday, as many of the world's biggest investors set out new climate policies ahead of next week's COP26 summit.
Dutch pension fund to divest from fossil fuel producers | 2021-10-26 16:48:14