Footsie launches interesting tool for divestment

Reasons to divestAs the NRDC noted : ” The Natural Resources Defense Council, BlackRock and FTSE Group, the global index provider, partnered today in launching the first equity global index series that will exclude companies linked to carbon-based fossil fuel. “

” The new investment tool will allow climate-conscious investors, including foundations, universities and certain pension groups, to match their investment strategy and financial interests with their values.

Footsie – FTSE – is a leading financial index group  and BlackRock is the world’s biggest fund manager. It’s a nice thing they create a tool for people willing to divest. 

By Edouard

Edouard is a sustainability and energy professional committed to bringing our societies to a carbon neutral future. He has been writing on related topics on this very blog since 2007.

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