Pension firm divests coal and tar sands

Neither coal nor oil extracted from tar sands will be be found in Danish pension company Velliv's portfolio now that the company has decided to completely exclude such assets.
Photo: PR/Velliv
Photo: PR/Velliv
BY METTE MANDRUP, FINANSWATCH, TRANSLATED BY DANIEL PEDERSEN

Velliv follows a string of other pensions firms by deciding to exclude assets within tar sand oil or coal activities, reports Danish business daily Børsen.

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