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Insurer Phoenix sets carbon targets for $339 billion of investments By Reuters

by Mike Robinson

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© Reuters.

(Reuters] – Phoenix Group announced Monday new emission reduction targets. These will decrease the intensity of 250billion pounds (338.75 billion dollars) investments, by least half of them by 2030.

Blue-chip insurer Life Insurers invested more than 700 million pounds in sustainability assets during the first half 2021. This was part of the company’s goal of reaching net zero carbon investments in 2050.

($1 = 0.7380 pounds)

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