Pension firm divests 42 fossil fuel companies

Danish pension fund P+ is dropping DKK 458m in investments that it finds to be incompatible with the Paris Agreement.
Kirstine Lund Christiansen, Senior Vice President and Head of ESG at P+ | Photo: PR
Kirstine Lund Christiansen, Senior Vice President and Head of ESG at P+ | Photo: PR
BY DORTHE BACH, FINANSWATCH, TRANSLATED BY CATHERINE BRETT

Pension fund P+ will be dropping 42 companies, totaling a value of DKK 458m, from its investment universe over the next four weeks.

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