Italian insurance giant to divest €2bn from coal

An Italian insurance giant has announced plans to divest €2 billion (£1.6bn) from coal. Generali aims to increase its exposure to green businesses instead, with plans to invest €3.5 billion (£2.9bn) mainly through green bonds and infrastructures. Group CEO Philippe Donnet said: “Protecting the environment and adopting effective actions to tackle climate change are central […]

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