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PFA CIO will not drop investments in oil and gas: "I can't rule out Shell or BP managing the transition"

PFA's Chief Investment Officer Kasper Lorenzen does not think it necessary to remove "the old" from the portfolio even if the company bets on green investments.

Kasper Lorenzen, chief investment officer at PFA. | Photo: PR/PFA

Being green is not black and white, says Kasper Lorenzen, chief investment officer at Danish pension company PFA, in an interview with Danish business media Finans.

The CIO points out that, although PFA is pursuing a green agenda, it does not mean that the company is necessarily dropping all investments in "the old", in which he still "firmly" believes.

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