Dark green funds full of Russian gas, tech firms and mining companies
A peek behind the curtain reveals that Denmark's "dark green" funds, filled with securities classified as Article 9 under the EU sustainability taxonomy, are full of tech assets, but few companies in such portfolios are actually working promote climate change mitigation, baffling the country's financial supervisory authority.
By Simon Lund Christiansen, FinansWatch, translated by Catherine Brett
Mining companies, russian gas and big tech are not the assets that spring to mind when you think of sustainable funds – nevertheless, they make up a significant portion of the exposures from Danish asset managers' flagship green funds.
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EU must introduce requirements for local production in the wind industry, says Jupiter Bach’s CEO. Otherwise, Europe will lose production and the knowledge needed to regain its footing.