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Insurer AIA agrees to pull out of all coal investments by 2028

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Hong Kong-based firm, whose logo appears on Spurs shirts, has bowed to pressure from activists

The Hong Kong-based insurance company AIA, whose logo features on Tottenham Hotspur shirts, has bowed to pressure from campaigners and announced it will pull out of all coal investments by 2028.

AIA, the largest independent, publicly listed pan-Asian life insurance group, made the pledge in its environmental, social and governance report released this week. It is the first major insurance company in Asia to promise such a move.

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