$5tr investor alliance calls for companies to ditch thermal coal

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$5tr investor alliance calls for companies to ditch thermal coal

The Net-Zero Asset Owner Alliance, which formed in 2019 at the Climate Action Summit in New York, has today warned companies that failure to respond to its position thermal coal could result in divestment

Members of a major UN-convened investor alliance have called for the cancellation of all new thermal coal projects, a phase-out of unabated coal-fired electricity generation, and a cessation of the financing...

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