Jim Hagemann Snabe has too many activities alongside his role as chairman of A.P. Moeller-Maersk, says major Norwegian investor KLP. The municipal pensions giant abstained from voting for Snabe at the recent Maersk AGM.
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Following an investigation into a large number of oil and gas companies, Danish pension fund PKA has decided to cease investing in 35 of oil firms. The businesses have not done what is needed to comply with the Paris Agreement on climate change, it explains.
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One of Topdanmark's shareholders put forward a proposal that the company institute the climate recommendations of the G20 nations' financial task force -- which aim to prevent another financial crisis. But the Danish insurer's Annual General Meeting voted against the idea.
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AMWatch asks the chairmen of Dansif and Finansforeningen (the CFA Society Denmark) to find out what the organisations have really gained by their link up, which brings ESG professionals into a network of portfolio managers, equity analysts and other traditional investment professionals.
Applying ESG filters to sovereign bonds is no easy task. Doing the same thing in emerging markets is even more difficult -- with the regions more vulnerable to ESG issues and local institutions typically less developed. Still, the EMD team at Denmark's Sydbank has taken on the challenge.
For the fourth time since 2013, Danish pension funds' level of climate awareness has come under scrutiny by WWF Denmark. And overall, the environmental organisation finds the latest results more encouraging.
Dutch bank ING is involved in several initiatives aimed at making the shipping sector more sustainable. "We expect more from our customers today," says Stephen Fewster, global head of shipping at ING.
French food conglomerate Danone is the first multinational company to issue a social bond aligned with the new Social Bond Principles set out in the summer of 2017 by the International Capital Market Association.
When Nordea's new robot fund advice service Nora is launched on the Danish market, it will likely be less expensive than Danske Bank's digital self-service investment product June. Nora's five low-cost funds have already been introduced on the Swedish market.
In a parliamentary statement, Denmark's Minister of Business and Industry Brian Mikkelsen has thrown more light on the persistent argument about whether pension funds can legitimately sacrifice financial return by choosing investments with stronger ESG credentials.
With billions of US dollars lent to the shipping sector, financial institutions play a central role in the work to lower the industry's CO2 emissions. "We're in the middle of a paradigm shift," says James Mitchell, Maritime Finance Lead at the NGO Carbon War Room, in an interview with ShippingWatch.
Since founding the asset management firm, Edouard Carmignac has kept a strong sense of ethics at Carmignac -- and the company's culture even allows individual portfolio managers to use their personal ethical codes to guide investment. Today, the company publishes UNPRI ratings and carbon emissions data for several funds.
More and more products carrying the label "impact" are popping up in the asset management landscape. But a look under the hood reveals some are simply hurriedly relabeled products without much social or environmental impact. Meet Director Yo Takatsuki from BMO Global Asset Managers, who raises a warning flag on relabeled funds and "impact washing".
The ratio of female to male staff employed by Norway’s sovereign wealth fund (SWF) is heavily weighted towards men. Women are also paid much less than their male colleagues, writes Norwegian newspaper Dagens Nyheter.
EU Commission Vice President Valdis Dombrovskis has unveiled the strategy for the European financial system to support sustainable investments. But critics say the plan lacks concrete initiatives.
Norway's fraud squad has charged several employees at brokerage associated with Denmark's Saxo Bank. The investigation was prompted by an inquiry by the Norwegian financial supervisory authority.
If the UN’s sustainable development goals are to reached by 2030, the financial sector must be made to put sustainability high on its agenda, Denmark’s Finance Minister tells AMWatch after a meeting with his EU counterparts in Brussels.
Four Nordic pension funds with a collective EUR 226 billion asset base have linked up to tackle companies jointly on ESG issues. Having just resolved one case, the collaboration has now added three more to its list of companies in focus.
With EUR 1.7 billion under management, Finland's Society of Swedish Literature is one of the country's largest charitable institutions. ESG is an increasingly key issue for the society, CEO of Society of Swedish Literature Dag Wallgren tells AMWatch.
Investment Specialist for Investments & Products - PFA
Analyst for Back Office in Investment Operations, Ballerup - PFA
Investment Strategist - Bankinvest
Analyst for Alternative Investments, Ballerup - Nordea
