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Posts Tagged ‘financial risk’

Largest Swedish Pension Fund Divests from Fossil Fuel

Largest Swedish Pension Fund Divests from Fossil Fuel

AP2 has announced plans to divest $116 million USD (SEK 840 million) worth of fossil fuel holdings in an effort to ward off the “financial risk” of climate change. Fossil Fuel investments being removed from their investment portfolio include oil and coal companies. The Second AP Fund (AP2) is one of northern Europe’s largest pension [Continue]