As many as 1,485 institutional investors, representing a massive $39.2 trillion of assets under management, have so far committed to at least some form of divestment from fossil fuels, DivestInvest, a global network of individuals and organizations, said in a new report on Tuesday. Since the divestment movement started in the early 2010s, it “has grown to become a major global influence on energy policy,” DivestInvest said.
Back in 2014, investors with just $52 billion assets under management had the same pledge to shift investments…Investors With $39.2 Trillion In Assets Pledge To Divest From Fossil Fuels
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