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Former pension company CEO rebukes the industry: "Everyone sort of runs around trying to prove they're greener than the rest"

At times, pension funds are more concerned with appearing green than acting it, says Paul Brüniche-Olsen, former Chief Executive Officer of Denmark's Lærernes Pension. Anders Schelde from MP Pension partly agrees with the retired CEO on several points of view but claims not to have excluded oil companies for the sole purpose of looking more green.

Focus on exclusions of certain companies, such as oil companies, steal too much attention in public discussions on climate change mitigation, says Paul Brüniche-Olsen. Photo: POLFOTO/AP/Daniella Beccaria/seattlepi.com

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