AXA signals move out of coal

FRENCH global insurer AXA has announced that it will totally phase out its insurance and investment exposure to coal by 2030 in the EU and OECD countries and by 2040 everywhere else.

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AXA signals move out of coal AXA signals move out of coal AXA signals move out of coal AXA signals move out of coal AXA signals move out of coal

The policy comes just ahead of the fifth edition of the Climate Finance Day in Paris, and will exclude about 400 companies with coal plant and mine expansion plans.