EnergyWatch

Major Dutch pension fund ditches fossil investments

Major Dutch pension fund ABP is offloading all of its fossil investments, aiming to sell EUR 15bn worth of shares.

Photo: Carsten Rehder/AP/Ritzau Scanpix

Dutch pension fund ABP is offloading all of its fossil investments, meaning that the company will divest EUR 15bn worth of shares.

With this move, ABP expects to sell off the majority of its investments in oil, gas and coal by the first quarter of 2023, writes the Financial Times.

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