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Institution: Storebrand

Major hedge fund dumps oil companies for lobbying against climate action
August 27, 2020November 17, 2020

Major hedge fund dumps oil companies for lobbying against climate action

Storebrand, a Norwegian asset manager, divested from miner Rio Tinto, as well as US oil giants ExxonMobil and Chevron, as part of a new climate policy targeting companies that use their political clout to block green policies.

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