BMO's responsible funds to divest from fossil fuels by 2020

James Phillips
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BMO's responsible funds to divest from fossil fuels by 2020

BMO Global Asset Management has begun excluding companies with fossil fuel reserves from some of its responsible funds, with an aim to completely divest across the range by 2020.

The firm has updated its climate change policy to enable its investors to support transitioning to a low-carbon economy. It will now more heavily invest in companies "operating in a sustainable way...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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