Bond manager PIMCO withdraws from Climate Action 100+ investor coalition

by Aurelia Butler 16 February 2024, 17:46 119 Views

(Reuters) – Bond manager PIMCO said on Friday it has withdrawn from the Climate Action 100+ investor coalition, following the withdrawal of other fund firms.

In a statement sent by a representative, PIMCO said “we have concluded that our Climate Action 100+ participation is no longer aligned with PIMCO’s approach to sustainability. PIMCO operates its own portfolio-relevant engagement activities with issuers on sustainability.”

Source: Economy - investing.com

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Bond manager PIMCO withdraws from Climate Action 100+ investor coalition

Boeing to start contract negotiations with Seattle-area union on March 8

January wholesale prices rise more than expected, another sign of persistent inflation

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