Institutional investors plan £1trn divestment from fossil fuels over next decade

Hope William-Smith
clock • 2 min read

Global institutional investors plan to divest 15.6% of their portfolios from fossil fuels over the next ten years, almost tripling outflows of 5.7% planned for next year, as high-profile activism on climate change gathers pace.

The energy investment firm's survey polled 100 major global institutional investors representing $5.9trn (£4.7trn) in assets under management and include pension funds, insurers and sovereign wealt...

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