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Bankinvest offsets ecolabel funds' climate footprint with carbon quotas bought with annual fees

Bankinvest's two ecolabeled funds will become CO-neutral by way of climate credits. The Danish asset manager will be using the yearly fees of the funds to pay the climate credits.

"We see a major appetite for sustainable investments which influence the world in a positive direction. We also see that people are especially concerned with climate. We are accommodating this by making our ecolabeled funds fully CO2-neutral," says Bankinvest's CEO Lars Bo Bertram in the announcement. | Photo: Bankinvest/PR

Bankinvest has opted to compensate for the CO2 footprint in its two Nordic Swan Ecolabel funds Globale Aktier Bæredygtig Udvikling and Globale Obligationer Bæredygtig Udvikling, according to the firm's press announcement.

"We see a major appetite for sustainable investments which influence the world in a positive direction. We also see that people are especially concerned with climate. We are accommodating this by making our ecolabeled funds fully CO2-neutral," says Bankinvest's CEO Lars Bo Bertram in the announcement.

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