New York pension fund to divest some Exxon holdings
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Source: oilandgas360.com
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NY Pension Fund Prioritizes Climate Over Big Oil Profits: Restricts Investments In 8 Companies, Including ExxonMobil - Delek Group (OTC:DELKY), Exxon Mobil (NYSE:XOM)
NY State pension fund restricts investments in 8 oil and gas companies, including Exxon, due to climate risk.
Source: benzinga.com
NY State Pension Returns 6.2% in Fiscal Q3, Cashes Out Another Public Equity Fund
The $260 billion pension giant also said it will divest and restrict investments in Exxon Mobil and seven other oil-and-gas companies
Source: ai-cio.com
NY Restricts Oil Investment
Oil investment continues to fall out of favor among pensions as The New York State Common Retirement Fund is restricting its investments in eight oil and gas companies including Exxon Mobil over climate concerns. New York Comptroller Thomas DiNapoli made the announcement. Other companies on the list include Guanghui Energy Company Ltd., Echo Energy PLC,…
Source: swfinstitute.org
New York Partially Divests From Exxon Over Climate Worries
The state pension fund is cutting investments in oil companies that officials says haven’t done enough to get ready for the energy transition.
Source: marketwatch.com