PFA ramps up oil exposure despite criticism

Denmark's largest commercial pension fund is maintaing its billion-kroner investments in fossil fuel companies despite uncertain market conditions and criticism from environmental organizations. "I understand the dilemma, but I don't understand why people are so certain about what the right thing to do is," says PFA's group CIO Kasper Ahrndt Lorenzen.

PFA also invests in renewable energy sources including off-shore wind, says Kasper Ahrndt Lorenzen. Photo: PR

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