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P+ divests 42 fossil fuel companies

Danish pension fund P+ is dropping DKK 458m in investments that it finds to be incompatible with the Paris Agreement.

Kirstine Lund Christiansen, Senior Vice President and Head of ESG at P+ | Photo: PR

Pension fund P+ will be dropping 42 companies, totaling a value of DKK 458m, from its investment universe over the next four weeks.

This is because it has introduced more ambitious climate goals, and wants to reduce its carbon footprint dramatically by 2025.

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