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You are in Indirect – Manager Selection, Appointment and Monitoring » Outputs and outcomes
Thermal coal
As part of monitoring managers to ensure exclusion of companies that generate more than 30% of their annual revenues from thermal coal in power generation and/or mineral extraction from its active mandates across the Fund.
This policy has already been implemented in more recently appointed infrastructure mandates and ongoing consultations are well advanced with the Fund’s existing active equity and bond managers to implement the exclusion.