Danske Bank AM has plans to roughly double its number of sustainable investment funds, meaning they would have 136 Article 8 funds and 10 Article 9 funds, Danish financial media Børsen Pro reports.
Article 9 funds are often called "dark green" as they must live up to the strictest environmental requirements and work towards a sustainable goal, while "light green" Article 8 funds have less rigid criteria and must simply "advance sustainability."
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