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JPMorgan to exclude Petronas, Pertamina from EM ESG index

JPMorgan to exclude Petronas, Pertamina from EM ESG index

(Reuters) - Malaysian company Petronas and Indonesia’s Pertamina are on a watchlist for removal from JPMorgan’s ESG EMBI index, the bank said in a statement on Tuesday. JPMorgan said both state-owned oil majors "are expected to exit the JESG suite at the June month-end rebalance" as their scores fell below...

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