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THE GUARDIAN: FTSE leaves coal and oil firms and G4S on ethical investment list

FTSE leaves coal and oil firms and G4S on ethical investment list

Extracts:

The latest publicly available factsheets show that 65 oil and gas companies were already present on FTSE4Good’s emerging and developed markets indices. They included British and French oil “supermajors” Royal Dutch Shell and Total – the sixth and 17th biggest contributers to carbon dioxide pollution in history.

“Looking at the number of oil companies listed in this index, this looks more like FTSE4Crude than FTSE4Good,” said Rosie Rogers, the head of Greenpeace UK’s climate campaign. “It takes some brass neck to argue that there’s anything ‘ethical’ about investing in the fossil fuel companies driving the climate emergency.”

FULL ARTICLE

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