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PFA CEO rejects Danish FSA's suggestion that climate goals may negatively impact returns

The Danish pension company has pledged to reduce its carbon emissions by 29 percent by 2025. This will not be done at the cost of managing risk and securing the best possible returns for clients, CEO Allan Polack states.

Allan Polack, PFA CEO | Photo: Stine Bidstrup/ERH

The Danish financial supervisory authority recently raised eyebrows in the pension sector by warning companies to remember risk management, even in times like these when societal responsibility is high on the agenda.

PFA CEO Allan Polack does not think that the company's new climate goals go against this message, he said at the presentation of the Q2 report.

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