Munich Re Will Limit Investments In Companies That Derive Profits From Coal
Munich Re, one of the world’s largest reinsurance companies, announced on August 5 that it will limit its investments in the stocks and bonds of companies that derive more than 30% of their business from burning coal.
In doing so, it is joining with several other major insurers who have adopted similar policies, including Axa, Allianz, and Zurich.
CleanTechnica