Pension fund excludes Equinor after evaluation of oil and gas investments

Screening of oil and gas companies has left several companies that PBU can still invest in. One company is no longer considered suitable for investment.

The screening through the Transition Pathway Initiative has removed Equinor from PBU's positive list, and therefore the pension fund is selling out of the company. | Photo: Lisi Niesner/Reuters/Ritzau Scanpix

by THOMAS NYGAARD MADSEN

Pension fund PBU will use a new approach to select which oil and gas companies it can and will invest in.

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