Danske plans to make all possible ESG upgrades to existing funds

Danske Bank is currently offering six Article 9 funds, which are all index funds. Head of Asset Management Christian Heiberg explains how passive funds can make a difference and qualify for a dark green label.

Christian Heiberg, head of Asset Management at Danske Bank. | Photo: PR / DBAM

So far, Danske Bank has been upgrading investment products to Article 8 or 9 instead of creating new products. In the future, head of Asset Management Christian Heiberg doesn't expect to have many products that are not investing sustainably or according to ESG.

"We are experiencing great interest in sustainable products, and that is also why we are doing this general upgrade of our existing products. In the future, it will be a hygiene factor. There will be an expectation that all products to some extent are responsible or sustainable investments depending on how you define it," Heiberg says in an interview with AMWatch.

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