The move is part of MP Pension’s 2020 ESG plans, which favor the Paris Agreement.
Fund keeps Shell and BP for now, but it will still watch the companies it did not divest from to see if—and how—their ESG efforts are improving.
AP Pension believes new employees will invest 25% of their pension in sustainable line.
Jens Munch Holst says resigning exec Borgen should not remain at bank until a new chief is found due to money-laundering scandal.
Real estate and private equity do OK, while stocks and bonds suffer.
Fund says the bank’s developing money laundering scandal violates its responsible investing policy.
ATP needs higher returns to meet future needs of population, with newborns adding 2-4 years to projected lifespans.
Committee is curious about more opportunities in digital regulation.
Responsibilities will be divided between two newly created independent companies.