04 Aug Munich Re to back away from coal-related business – CEO
Munich Re, the world’s
biggest reinsurer, will stop investing in bonds and shares of
companies that generate more than 30 percent of their sales with
coal-related business, its chief executive said, caving to
pressure from investors.
biggest reinsurer, will stop investing in bonds and shares of
companies that generate more than 30 percent of their sales with
coal-related business, its chief executive said, caving to
pressure from investors.
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