NZ Super Fund selloff: Sound investing or greenwash politics?
Shares in fossil fuel companies are the target of a global campaign in support of the Paris Accord on Climate Change.
Shareholder activist groups are pressuring companies to account for risks associated with the move to low- or zero-carbon economies.
Investment managers are also assessing the risk, resulting in a selloff by the New Zealand Superannuation Fund.
It has announced it has reallocated some $950
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