Korea’s $800 Billion Pension Fund to Divest from Coal Companies: A Major Shift Towards Sustainability

Korea’s $800 Billion Pension Fund to Divest from Coal Companies: A Major Shift Towards Sustainability
5 months ago

In a pioneering decision marking a significant shift in environmental investment strategies, South Korea's National Pension Service (NPS), which manages assets worth approximately $800 billion, has announced its plans to divest from coal firms. This decision comes in light of growing concerns over climate change and the pressing need for sustainable investment practices globally.

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Tauron Begins Strategy to Exit Coal by 2030 with Ambitious $2.5 Billion Investment

Tauron Begins Strategy to Exit Coal by 2030 with Ambitious $2.5 Billion Investment
6 months ago

In a significant move towards a more sustainable energy future, Polish power utility Tauron has announced its strategic plan to phase out coal from its energy production by the year 2030. This ambitious initiative is set against the backdrop of increasing pressure on energy companies globally to reduce their carbon footprints and transition to cleaner energy sources.

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