ESG-Minded Investors Pile Into Coal Stock, Sparking 1,000% Rally

Published on 26 Apr 2022 on Bloomberg via Yahoo Finance

ESG-Minded Investors Pile Into Coal Stock, Sparking 1,000% Rally

(Bloomberg) -- Anglo American Plc’s spinoff, Thungela Resources Ltd., has emerged as the world’s best-performing major coal stock. It’s also one of the most profitable bets by a group of fund managers who’ve promised to reduce their financed greenhouse gas emissions.

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