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FTSE4Good is ‘rewarding the most harmful activities in the corporate world’ – ShareAction
Some of the world’s biggest fossil fuel companies, including Russia’s state oil giant Rosneft, have been added to the London Stock Exchange’s “ethical” investment lists.
The FTSE4Good indices, run by the London Stock Exchange Group’s FTSE Russell subsidiary, are marketed to investors interested in environmental, social and governance (ESG) issues.
Marathon Oil Corporation, a US company which produced 153m barrels in 2018.
Lundin Petroleum, which produced 29.6m barrels in 2018.
Origin Energy, which owns Australia’s largest coal-fired power station, Eraring.
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