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PFA and Alm. Brand invest least in fossil fuels – climate campaign investigates insurance companies' black investments

A new report ranks Danish insurance companies by how much they invest in fossil fuel industries. The campaigners behind the investigation hope that the insurance industry will follow pension companies and enter into a more open dialog about sustainable investments.

Alm. Brand is ranked as the company which has least invested in fossil fuels. Photo: PR/ Alm. Brand

Insurance companies are starting to open their eyes to their societal responsibilities and reconsider their investments in fossil fuels, a new report concludes.

The Ansvarlig Fremtid [Responsible Futures, -ed.] report has asked the ten biggest insurance companies in Denmark how much of their investment portfolios is place in oil, gas and coal companies like Equinor, Total or BHP, for the second consecutive year.

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