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Dutch insurer Aegon to reduce coal investments

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AMSTERDAM (Reuters) - Dutch insurer Aegon on Monday said it will gradually reduce holdings in companies generating revenue from coal-fired power plants, or coal mining, to support the transition towards a low-carbon economy.Aegon said it already excludes companies that derive more than 30% of sales from the exploration, mining, and refining of thermal coal.It will scale back those investments..
Date Published: Jan 13, 2020
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