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Industry

NGOs Call for More Action Against Coal as Allianz Updates Policy

Coal policies of UK institutions, PPCA members criticised by Reclaim Finance. 

Ahead of its annual general meeting (AGM) tomorrow, Munich-based insurer and asset manager Allianz has introduced a more restrictive coal policy and further limited its business with the oil sands industry. This follows NGO Reclaim Finance calling on members of the Powering Past Coal Alliance (PPCA) to better align themselves…

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