World's 5th largest pension fund ABP increases fossil fuel investments

  The world's 5th    largest pension fund, with assets of over €430 billion, Dutch ABP is continuing to invest in companies that are on a collision course with the Paris climate goals, such as coal and oil companies. New analysis  by environmental NGOs, Both ENDS, Fossielvrij NL, Greenpeace Netherlands and urgewald reveals that ABP's fossil fuel investments went up from €14 billion in 2015 to €16.5 billion at the end of 2018, in stark contrast to other European investors. “ABP claims t…

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Source: webwire
World's 5th largest pension fund ABP increases fossil fuel investments



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