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Investors urge Samsung to skip coal power plant: If we succeed, the Chinese will probably build it instead

Nordic investors such as Akademikerpension and Nordea push Samsung to halt its plans to build a massive coal-fired power plant in Vietnam.

Eric Pedersen, Head of Responsible Investments at Nordea Asset Management and Anders Schelde, chief investment officer at Akademikerpension. Photo: PR/Nordea and Akademikerpension

"Coal is the worst fossil fuel there is," says Anders Schelde, chief investment officer at Danish pension fund Akademikerpension – formerly MP Pension – in a video on Linkedin.

The existing power plant has already documented local environmental problems. But the biggest problem is CO2 emissions. We hope Samsung understands the point in stopping this project.

Anders Schelde, Akademikerpension

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