Financers supporting green ship recycling through ethical investing

Reuters. 15 May. 9 minute read
Shipping financers are compelling shipping companies to adopt environmentally sustainable ways of ship recycling. Norway’s USD 1 Tln Oil Fund and the life insurer KLP are two such financiers that sold their stake in companies as well as blacklisted a few that did not measure up to their ethical and environmental standards of ship recycling.
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