Pension companies scrutinize fossil bond portfolios
Several Danish pension companies are assessing their corporate bonds within the oil and gas industry. Bonds do not offer investors the chance to practice active ownership to the same extent as equities do.
BY ANNE LOUISE HOUMANN, AMWATCH
Eight Danish pension companies are changing their focus and have divested corporate bonds in fossil fuel companies, Danish business daily Børsen reports. The eight companies are Akademikerpension, PKA, AP Pension, Velliv, Danica, Industriens Pension og PFA, which altogether previously owned corporate bonds in fossil fuel companies worth DKK 9.7bn (EUR 1.3bn).
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
.jpg&w=384&q=75){kind=logo}
