Latest Breaking News On - Texwinca holdings ltd - Page 1 : comparemela.com

“We have no further plans to exit fossil fuels,” Chief Governance and Compliance Officer Carine Smith Ihenacho said on Thursday, after the fund published details of 15 companies it blacklisted in 2020. “Part of the assessments that were made was precisely that we should be owners of larger, integrated energy companies, and contribute as owners in order for them to meet the transition to a low-carbon society in a good way.”The Oslo-based fund generated $123 billion in returns last year, marking its second-best performance ever thanks in large part to tech stocks. Some of its biggest losses, however, were tied to holdings of oil companies and exiting stocks focused on oil exploration and production. Meanwhile, Chief Executive Nicolai Tangen has made clear he wants to focus more on sustainability to fight everything from pollution to corruption and sexism.The fund said the 15 stocks it excluded from its portfolio last year were singled out based on ethical considerations rangi

United statesFrance generalNicolai tangenCentrais eletricas brasileirasCarine smith ihenachoBp plcRoyal dutch shell plcEnergy ltdSuncor energy incSasol ltdGlencore plcFormosa taffeta co ltdCanadian natural resourcesGroup ltdFormosa chemicals fibre corpCenovus energy inc