Dutch Pension Fund Divests $3B from Fossil Fuel Firms
PFZW has left only seven oil and gas firms in its portfolio.
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PFZW has left only seven oil and gas firms in its portfolio.
The move follows efforts by other banks and a major pension fund to limit ties with fossil fuel groups.
Dutch healthcare pension fund slashes fossil fuel investments
ABP, the largest pension fund in the Netherlands, is calling on politicians to stop tinkering with the pension law for the major reform of the pension system. Board chairman Harmen van Wijnen states that politicians engaging in a renewed discussion about the law in the months after the election are causing unrest.
Pensioenfonds Zorg en Welzijn sold equity and bond investments in energy companies valued at $323 million.