Finance
Dutch Fund Manager Makes a Big Statement Against Fossil Fuels
A no-nonsense approach to sustainable investing is emerging at Robeco, which oversees $183 billion.
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The Dutch fund manager Robeco Institutional Asset Management has added 232 fossil-fuel producers to its “exclusion list.” The companies range from the Philippines’s Aboitiz Equity Ventures and China’s Zhengzhou Coal Industry & Electric Power to more recognizable names like American Electric Power and Westmore Coal.