World's largest wealth fund blacklists Glencore, other giants over coal use

OSLO (Reuters) - Norway's $1 trillion(812.08 billion pounds) wealth fund is excluding some of the world's biggest commodities firms from its portfolio, including Glencore and Anglo American , because of their use and production of coal.Underlining the growing role of climate considerations for long-term investors, the fund is also excluding German utility RWE , South African petrochemicals firm Sasol and Dutch company AGL Energy over their use of coal.Norway's parliament agreed in June 2019..