Pension fund members made important progress for the climate at the 2021 annual general meetings

With as many as 19 climate proposals discussed at 10 general meetings, the climate was again in focus at this year’s general meetings of Danish pension funds. Among these proposals, 9 proposals on climate were adopted with the support of the Board. One proposal...

Climate concerns take center stage at democratic board election in Danish pension fund P+

April 30, 2021 Candidates with green credentials now constitute a large part of the board in the Danish pension fund P+. This is clear after the members have cast their vote at the board election. The P+ pension fund invests 140 mia. DKK. (~20 bill. Euro) on behalf of...

Clean gas is a dirty lie: Paris-aligned pension funds need to divest from fossil gas companies

Fossil gas is not a “transition fuel” in a 1.5°C world, even though the gas industry claims differently. Today, activists across Europe are calling for recognition of the dangers of fossil gas. Gas Free Pensions, a network of European environmental organizations...

Shunning Fossil Fuels, 40 Catholic Groups Seek Climate Action

By Alister Doyle, Reuters on October 3, 2017 The coalition is the largest number of Catholic institutions to team up for a shift to green energy....

University of Copenhagen commits to invest fossil free!

University of Copenhagen just became the first university in Denmark to go Fossil Free: University of Copenhagen commits to invest fossil...

Copenhagen bans investments in coal, oil and gas

350.org

Danish municipalities put pressure on banks for fossil-free investment options

350.org.

Copenhagen set to divest from fossil fuels

http://www.theguardian.com/environment/2016/jan/29/copenhagen-set-to-divest-from-fossil-fuels The mayor of Denmark’s capital launches a push to withdraw the city’s £700m investment fund out of coal, oil and gas holdings.

Members of three Danish pension funds vote to divest from fossil fuels

http://www.theguardian.com/environment/2015/may/05/members-of-three-danish-pension-funds-vote-to-divest-from-fossil-fuels Academics, civil engineers and architects from three of six funds worth £23bn vote to sell off coal and high risk oil and gas – but lawyers, vets...

The Coming Carbon Asset Bubble

http://online.wsj.com/news/articles/SB10001424052702304655104579163663464339836 Fossil-fuel investments are destined to lose their economic value. Investors need to adjust now.

Campaign against fossil fuels growing, says study

http://www.theguardian.com/environment/2013/oct/08/campaign-against-fossil-fuel-growing Investors being persuaded to take their money out of fossil fuel sector, according to University of Oxford study.

German Utilities Hammered in Market Favoring Renewables

http://www.bloomberg.com/news/2013-08-11/german-utilities-hammered-in-market-favoring-renewables.html Across Europe and some of the U.S., utilities that a decade ago dominated markets now struggle to cope with lower prices exacerbated by subsidized renewables that...