National Trust has £30m fossil fuel fund

Exclusive: investments in oil, gas and mining companies held indirectly via portfolio fund

The National Trust has invested tens of millions of pounds in oil, gas and mining firms – despite the conservation charity pledging to cut down its own use of fossil fuels and warning about the impact of climate change.

An investigation by the Guardian has found that the trust – which aims to “nurse the environment back to health’ – has more than £30m of investments in oil, gas and mining companies, including BP and Shell, held indirectly via a portfolio fund.

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from The Guardian https://ift.tt/2DuiYdu