Rockefeller family charity to withdraw all investments in fossil fuel companies
by Rupert Neate in New York from on (#18372)
Started by John D Rockefeller - who made his fortune from oil - the fund singled out ExxonMobil, calling the world's largest oil company 'morally reprehensible'
A charitable fund of the Rockefeller family - who are sitting on a multibillion-dollar oil fortune - has said it will withdraw all its investments from fossil fuel companies.
The Rockefeller Family Fund, a charity set up in 1967 by descendants of John D Rockefeller, said on Wednesday that it would divest from all fossil fuel holdings "as quickly as possible".
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