Legal & General to sell Glencore stake over thermal coal concerns; UK retail sales go into reverse in June– business live

Royal Mail staff are being asked to sell their shares to Czech billionaire Daniel Křetínský, while Doordash reportedly approached Deliveroo about a takeover

Investment management giant Legal & General is divesting from Glencore due to concerns over its coal production.

LGIM warns this morning that it believes companies need to do more to play their part in efforts to mitigate climate change risks.

“LGIM remains concerned that Glencore has not disclosed plans for thermal coal production that are aligned with a net zero pathway.”

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