Danske Bank’s Fossil Fuel Divestment Signals Shift to Low-Carbon Future

Danske Bank’s Fossil Fuel Divestment Signals Shift to Low-Carbon Future

Danske Bank’s recent divestment from the majority of its fossil fuel investments marks a significant shift in its strategy, one that could ripple through the financial sector and accelerate the transition to a low-carbon economy. The bank’s new methodology, which assesses companies’ transition plans and aligns with the Paris Agreement goals, sets a precedent for other financial institutions… Source

Danske Bank Divests More than 85% of Fossil Fuel Companies Over Transition Plans

Copenhagen-based Danske Bank Group announced that it has divested from the vast majority of its investments in fossil fuel companies through its Danske Invest fund management unit and Danica pension and insurance business, following the implementation of a new policy that assesses companies’ low-carbon transition plans. Danske Bank introduced its new methodology for investment in […]