- Admin
- #1
LÉVIS, QC, June 6, 2020 /CNW Telbec/ - All 17 Desjardins SocieTerra Funds and Portfolios are now 100% free of oil production and pipeline holdings, reducing the exposure of these investment products to fossil fuel producers and specialized transporters from 5% to 0%. The Desjardins SocieTerra lineup no longer has any shares in companies that earn a significant portion of their revenue from extracting or producing oil, natural gas or thermal coal, or from specialized oil and gas transportation (including pipelines), oil refining or coal-based energy production. This is another step forward in the energy transition for SocieTerra and demonstrates Desjardins's continued leadership in the move toward a low-carbon economy.