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April 2021

There’s no hotter area on Wall Street than ESG with sustainability-focused funds nearing $2 trillion- oil and gas 360

There’s no hotter area on Wall Street than ESG with sustainability-focused funds nearing $2 trillion

April 30, 2021

CNBC EDITOR’S NOTE:  In 2020, Wall Street asset funds promoting investments in “sustainability” are as hot as the Wham-O toy company’s Hula-Hoop, despite the SEC recently reporting that some ESG funds aren’t really Green, and according to Morningstar, when analyzed, perform on par with traditional funds. Nonetheless, growing public expectations around Corporate Social Responsibility has increased the emphasis by investors

Italy’s Eni to shed retail-renewable energy stake- oil and gas 360

Italy’s Eni to shed retail-renewable energy stake

April 30, 2021

Reuters MILAN- Italian energy group Eni is planning to spin off a minority stake in its new retail and renewable business next year, it said on Friday, after announcing first quarter profits that missed expectations. Several European energy companies, including Spain’s Repsol , aim to divest parts of their renewables business to raise money to reduce debt and pay for

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