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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