Sustainable and responsible investing
10 min read 31 Mar 21
On 2 March 2021, M&G announced its plans to phase out investments in thermal coal and that it had joined the Powering Past Coal Alliance, a coalition of governments, businesses and organisations working to advance the transition from unabated coal power generation to clean energy.
We outline M&G’s new policy on investing in thermal coal in more detail, including how it will be implemented through a two-stage approach: firstly through engagement with investee companies, then through divestment where companies do not comply with our restrictions on coal-related investments.
To read the note in full, please click here
The views expressed here should not be taken as a recommendation, advice or forecast.
The value and income from any fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise. There is no guarantee that any fund will achieve its objective and you may get back less than you originally invested.