Nippon Life to stop financing coal-fired power

Business Jul 24, 2018

Nippon Life to stop financing coal-fired power

by Taiga Uranaka

Nippon Life Insurance Co. will no longer extend loans for, or invest in, coal-fired power plants due to environmental concerns, an official at Japan's biggest life insurer said, in the first such move by a major domestic institutional investor. Japanese banks in recent months have ...