KLP maps out route to net zero

Norwegian pension fund Kommunal Landspenskonskasse (KLP) will adapt all of its investments to align with the maximum 1.5 degree temperature increase outlined in the Paris Agreement.

Aage Schaanning, group CFO at KLP.

Pension company KLP will now ensure that all of its investments are in line with the Paris Agreement's 1.5 degree maximum temperature rise, Norwegian media E24 reports.

The pension company's new initiatives have been presented in what E24 calls a map to net zero, and includes methods for how to calculate whether portfolio companies' activities are in line with the goal.

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