AMWatch

Major Danish pension funds own coal mine shares worth more than EUR 134m

Although Danish pension companies boast of being green investors, they invest a total exceeding DKK 1 billion in companies operating coal mines.

Photo: Niels Hougaard/INDBLIK

Denmark's 11 biggest pension funds own stakes in the 30 largest publicly traded coal mine companies worth a total exceeding DKK 1 billion (EUR 134.3 million), and in the three biggest coal mine stocks alone, the total pension investment comes to more than DKK 750 million, writes Danish business daily Børsen.

Companies Pensiondanmark, Lærernes Pension and Industriens Pension have all rid themselves entirely of coal mine shares.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Why do Nordic funds have so few female portfolio managers?

Only 16 percent of fund managers in Sweden are women. The figure is 11 percent in Finland, while just 6 percent of fund managers in Denmark and Norway are female. AMWatch has talked to four Nordic women in finance in search of answers regarding this imbalance and to hear about their career experiences. 

Further reading

Related articles

Trial banner

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch