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Investor group sets tough climate blueprint for Big Oil

Investor group sets tough climate blueprint for Big Oil

By Ron Bousso and Simon Jessop: Sept 15, 2021

Summary

  • Investor group launches unprecedented initiative
  • Group manages assets worth more then $10 trillion
  • BP, Shell and Eni among companies piloting the scheme

LONDON, Sept 15 (Reuters) – Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production.

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