AMWatch

Major KLP, Folksam, Nordea, DNB funds not placed to profit in a low-carbon future

Economic changes taking place around the world aimed at reducing carbon emissions are likely to hit the underlying assets of the largest global equity funds, according to Morningstar.

Of the five largest Nordic-domiciled global equity funds is Skagen's Global A the only one to obtain Morningstar's Low Carbon Designation. | Photo: PR: Skagen fondene

Investment research firm Morningstar's new Carbon Risk Score rates how a fund is likely to be impacted by the transition to a low-carbon future.

In the rating scheme, a fund is given a low-carbon designation when Morningstar rates the fund's carbon risk score below 10 and the fossil fuel exposure less than 7 percent, using an emblem resembling a green leaf.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
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

Norway has the fastest growing investment fund market in Europe

So far in 2021, Norway has experienced massive inflows to its investment fund markets, beating former records. The pandemic and different government initiatives have resulted in an increased savings rate. Data also show that market shares are shifting among Norwegian fund managers.

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch