Posts Tagged ‘exit oil producers’
Insurance Giant Allianz Sets Oil and Gas Exit Strategy
This article was written by Mitchell Beer and originally published in The Energy Mix on May 1, 2022. The world’s fifth-largest insurance company, Munich-based Allianz, is withdrawing coverage and investment dollars from a wide swath of fossil fuel projects as of next year, and will stop insuring its existing fossil clients when their policies come…
Read MoreCaisse to exit oil producers by 2022 in climate plan
This article was written by Sandrine Rastello and Paula Sambo and published by Bloomberg News on September 28, 2021. Caisse de Depot et Placement du Quebec will sell its holdings of oil producers, increase investments in green assets by 50 per cent and set aside about US$8 billion to help big polluters cut their emissions…
Read More