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
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