EUR 17.6 billion fund targets dirty bonds in its ESG strategy

MP Pension is expanding its blacklist to include bonds.

Photo: Staff/Reuters/Ritzau Scanpix

MP Pension of Denmark is looking into expanding its blacklist of fossil-fuel assets to encompass bonds, after confirming it has now exited oil stocks worth EUR 115 million (USD 131 million).

Stocks banned from MP’s portfolio include Lukoil PJSC, ExxonMobil, BP, Chevron, PetroChina, Rosneft, Royal Dutch Shell, Sinopec, Total, Petrobras and Equinor.

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