State Street Corp
<p>= AXA?</p><p>see giants</p><p>=</p><p style="margin: 1em 0px;"><font size="4" face="Times New Roman">Financing for coal alone, as the new <span class="caps">NGO</span> research shows, is still huge and must be addressed under the guidance of the Paris Agreement. <span style="background-color: rgb(255, 204, 102);">In November,<b> </b><a href="https://www.theguardian.com/business/2019/nov/27/coal-insurer-axa-to-divest-from-fossil-fuel-investments-underwriting" target="blank" style="text-decoration-line: none;"><b>French insurer <span class="caps">AXA</span></b> announced</a> its intention to phase out investments and underwriting of the coal industry and its backers</span>, which according to Urgewald’s Global Coal Exit Database, represents nearly $664 million in investments.</font></p><p style="margin: 1em 0px;"><font size="4" face="Times New Roman"><span class="dquo" style="margin-left: 0px;">“</span>Financial institutions that continue channeling money to coal plant developers are actively working against the Paris Climate Goals and ruining our chances for a livable future,” <a href="https://www.banktrack.org/article/banks_and_investors_against_the_future" target="blank" style="text-decoration-line: none;">said</a> Schuecking.</font></p><p>=</p>