New Delhi Stock Exchange：Oil and gas stocks are ＂suspected＂!European funds holding hundreds of billions of dollars have been sold one after another

In Europe, more and more institutional investors stripped oil and natural gas stocks from the investment portfolio. They said that this move can reduce the risk of asset stranding and financial losses.The latest example is Denmark’s largest commercial pension fund PFA, and its management assets are about $ 110 billion.According to an evaluation, the company’s capital investment in renewable energy is too worrying that the investor has just sold its $ 170 million shares at Shel.us.

Rasmus Bessing, director and co -investment officer of PFA ESG Investment, said: "People have called for them to participate more in the transformation, especially in the past year. Shell has been signing signals, hoping‘ towards different directions ’.”

The shell spokesman mentioned a comment published by CEO Wael Sawan at the company’s annual shareholders’ meeting on May 21, when he said that the shareholders "strongly supported" their strategy.Sawan said: "We pay attention to performance, discipline and simplified attention enables us to invest in providing the energy required by the world today and helping the establishment of a future low -carbon energy system."

Other institutional investors also lost their patience about oil and gas assets.The European largest pension fund, Stich to be managed by about $ 550 billion in assets, said in May that it withdrawn from all aspects of oil, natural gas and coal, with a combination of these assets worth about $ 11 billion.The company stated that it plans to further peel off a fossil fuel asset with a low liquidity of 5 billion US dollars.

In France, the new sustainable investment requires that related asset management companies will need to "clean up" about $ 7.5 billion of their investment portfolios, which will hit the fossil fuel assets of about $ 7.5 billion.Companies.In the UK, the British Church Pension Committee and the British church specialist said last year that they will begin to include oil and natural gas giants on a blacklist.The two institutions manages about $ 17 billion in assets.Sweden’s AP7 Fund manages more than $ 100 billion in funds. The fund has formulated a series of exclusion policies for oil manufacturers, including Saudi Arabia and Indian Petroleum and Gas CompanyEnter the blacklist.New Delhi Stock Exchange

Danish pension investor Akademikerpension cut off the last remaining oil and natural gas shares in its $ 20 billion investment portfolio at the end of 2023. It is currently being separated from companies providing equipment and services to fossil fuel manufacturers.Troels Börrld, head of the responsible investment of Akademikerpension, said that at present, the impact of such withdrawal on returns is "slightly neutral to positive".Varanasi Wealth Management

Börrild said, but looking forward to the future, there is a risk of transformation, "this will become the reality of many companies."He said that "there is no pricing yet", but with the influence of supervision, the low -carbon investment portfolio is expected to obtain a "more positive" risk adjustment return.

Oil and gas companies are obstructing everywhere

A committee of the US Senate is investigating whether oil producers illegally coordinated with OPEC to increase their prices. The former Pioneer Natural Resources Company (PXD.US) was accused of stringing up with the organization.

Many big banks are also taking similar measures.The EU’s largest bank in Paris, France, has stopped underwriting traditional bonds for the fossil fuel industry. This is one of the group’s measures to combat oil and gas financing in a larger scale.Another large -scale bank Agricultural Credit Bank in France said in early June that it was also taking similar measures.

At the same time, the relationship between the financial industry and fossil fuel is at a particularly nervous moment.On Wall Street, anger protesters are increasingly pointing their spearheads to the bank, asking the bank to immediately withdraw from oil, natural gas and coal financing.Although Wall Street’s response was warned that the move was economically irresponsible.

Critics who reject policies believe that fossil fuel companies can turn to less cautious financialists, rather than participate in any green activities.They also pointed out that it is important to distinguish between coal and oil that is much higher in natural gas and carbon dioxide emissions. Natural gas has even entered the EU’s green classification method.

MERYAM OMI, CEO of CLIMATE ARC, said that too many investors avoided the "dark part" of climate financing.She said that in other words, the financial industry needs to enter the industry with the highest emissions in order to effectively achieve low -carbon energy transformation.

BESSING pointed out that PFA still holds oil companies that consider a reliable transformation plan.Including to Total.It is not everything that Daodal’s energy does is perfect, but unlike the shell, the company sets the "2030 target, increasing the capital expenditure of clean energy to 33%, which is what we require."Essence

BESSING said: "If I have resources, I will cooperate with more oil and natural gas companies to promote them further to green." However, as far as the current situation is, it is obvious that even if the PFA exits all fossilsThe fuel is open, "the world will not become more environmentally friendly."

Jaipur Wealth Management