Fossil Fuels

Portfolio 21 excludes all companies directly involved in the extraction, production and generation of fossil fuels ─coal, oil, and natural gas. In addition, Portfolio 21 will not invest in companies exclusively involved in the distribution of fossil fuels. Portfolio 21 has adopted a fossil fuel free approach given our belief that companies within the fossil fuel sector face and pose unique risks including political, human and environmental health and diminishing access. Portfolio 21 believes that these risks are not manageable to the extent required to make them attractive investments.


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