Oil drillings packaged in Danish asset manager's sustainable funds

Two funds labeled as sustainable by Bankinvest contain investments in fossil fuels, attracting criticism from a consumer protection organization.

Maersk Drilling is one the companies contained in Bankinvest's funds labeled sustainable. Photo shows drilling rig Maersk Intrepid. | Photo: Maersk Drilling

BY METTE MANDRUP, FINANSWATCH, TRANSLATED BY DANIEL FRANK CHRISTENSEN

Danish asset manager Bankinvest has marketed two funds, Danske Aktier Indeks Bæredygtig and Globale Aktier Bæredygtig Udvikling as sustainable, despite these funds having invested capital in companies such as Maersk Drilling, Halliburton and Schlumberger, reports business media Børsen.

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