New Index Excludes Fossil Fuel Extraction Companies
NEW YORK–(ENEWSPF)–April 29, 2014 – The Natural Resources Defense Council (NRDC), BlackRock and FTSE Group, the global index provider, partnered today in launching the first equity global index series that will exclude companies linked to exploration, ownership or extraction of carbon-based fossil fuel reserves. The new investment tool will allow climate-conscious investors, including foundations, universities and certain pension groups, to match their investment strategy and financial interests with…
