'Oil has no place in our future': Rockefeller fund returns shine after ditching fossil fuels

Cecilia Keating
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RBF president Stephen Heintz and chair of the board of trustees Valerie Rockefeller at the RBF office in New York. Credit: Aslan Habib Chalom
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RBF president Stephen Heintz and chair of the board of trustees Valerie Rockefeller at the RBF office in New York. Credit: Aslan Habib Chalom

Rockefeller Brothers Fund announces that its investment portfolio has exceeded expectations and industry averages in the five years since it divested from fossil fuels

The returns from a $1.1bn fund managed by the heirs of the billionaire founder of Standard Oil have oustripped industry averages, despite their decision to divest from fossil fuels five years ago. A...

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