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ANZ to stop lending to Australia's biggest coal port over its exposure to fossil fuels

In 2020 the bank adopted policies which prohibited it from making any new deals or refinancing companies with considerable exposure to fossil fuels - highlighting how seriously they view the risk of asset stranding, and forcing the port to commit to an agreement based around carbon emission reductions.

Investments in fossil fuels don't make financial sense - it's time for Surrey Pension Fund to divest.


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