Deutsche Bank , in a revamp of its policies for fossil fuels, said on Monday that it would end business activities worldwide related to coal mining by 2025 at the latest.
FILE PHOTO: Employees of Deutsche Bank gather ahead of the bank’s annual shareholder meeting in Frankfurt, Germany, May 23, 2019. REUTERS/Kai Pfaffenbach/File Photo
The German lender also said that, effective immediately, it would not finance new projects in the Arctic or oil sand projects.
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