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The world's largest oil company may find its way to portfolios

Oil company Aramco, which is about to become listed, may potentially find its way to investment portfolios through index funds and other channels, CIO claims.

Oil company Aramco is going to be listed. | Photo: Maxim Shemetov/Reuters/Ritzau Scanpix

According to the Climate Accountability Institute, Saudi-Arabian oil company Aramco, which is soon to become the world's largest listing, has emitted over a third more CO2 than the world's second-largest carbon emitter Chevron since 1995.

Nevertheless, the company is likely to make its way to investment portfolios, says MP Pension Chief Investment Officer Anders Schelde according to Danish business daily Børsen.

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