Danish pension fund introduces climate-focused pension product

PFA has prepared a new savings product for customers, PFA Klima Plus, which aim not to negatively impact the planet.

Allan Polack, CEO of PFA Pension. | Photo: Niels Hougaard/Jyllands-Posten/Ritzau Scanpix

PFA is now launching a new pension product, PFA Klima Plus, where savings are invested in businesses or projects which will not negatively impact the climate from 2025 onwards and help to reduce CO2 emissions by 2030, writes Danish business daily Finans.

"We have spent a long time putting this product together, and we have become very orthodox in our approach and will rule out companies who do not actively contribute to the reduction of CO2 emissions, for example," says Allan Polack, CEO of PFA.

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