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Danish pension company divests millions of euros in nuclear weapons

Danish pension company Pædagogernes Pension blacklists 44 companies involved with nuclear weapons, divesting equities totaling EUR 40m

Photo: China Daily Cdic/Reuters/Ritzau Scanpix

Danish pension company Pædagogernes Pension (PBU) places 44 companies that are involved with nuclear weapons on a black list and divests EUR 40m worth of equities in those companies, writes Danish daily Information.

"Recent focus on the topic has given us an occasion to discuss the issue. And it's never to late to make the right decision," PBU Chief Executive Officer Sune Schackenfeldt says to Information.

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