Investors warn EU against linking Arctic fossil fuels to energy security
Ahead of the upcoming strategy update, investors have called for maintaining fossil fuel exploration restrictions
Scandinavia
Akademiker overhauls climate strategy introducing transition focus
CIO Anders Schelde says the fund will strengthen climate engagement with managers
AkademikerPension considers increase in European renewables allocation, cutting US exposure
CIO Anders Schelde says a private markets-led European tilt could potentially mean lower allocations to the US
Danish investors challenge Nordea’s Arctic fossil fuel financing ahead of AGM
Nordea, the largest lender in the Nordic region, has come under pressure from institutional investors over its backing of Arctic oil and gas exploration
Fidelity, Schroders, JP Morgan sustainable funds win SEK200bn Swedish active equity mandates
The Swedish Fund Selection Agency (FTN) has announced the winners of a SEK200bn procurement of global actively managed equity funds
‘65-year-old member has more exposure than a 35-year-old’: PensionDanmark’s renewable infrastructure investment plan
Jan Kæraa Rasmussen, PensionDanmark’s head of ESG & sustainability, takes Net Zero Investor behind-the-scenes of an ambitious push to finance 800MW of renewable infrastructure by 2030
AP7 excludes BP, Woodside, Chevron and TotalEnergies over Paris alignment concerns
AP7, Sweden’s largest public pension fund, has adopted widespread exclusions of major fossil fuel companies, raising concerns that these firms are no longer aligned with the Paris Agreement
Who bought the Danish green bonds?
Last week, Denmark made history by becoming the first sovereign issuer of green bonds under the new European Green Bond (EuGB) Standard. But who ended up buying the debt?
EIFO and Novo Holdings lead €6.1m seed round for Greenland’s Rock Flour Company
The start-up is aiming to scale a new carbon-negative agricultural solution - Greenlandic Rock Flour.
Steady at the helm: what AP3’s half year results suggest about its climate commitments
The pension fund’s green bond-tilted fixed income portfolio outperformed its benchmark and timberland assets continued to deliver
Norges Bank announces 9.4% return from unlisted renewable infrastructure
The manager of Norway’s government pension fund has reported investment results revealing that renewable infrastructure, while its smallest allocation, delivered the strongest return
Equinor AGM pitches Norwegian state against climate-conscious shareholders
At the Equinor AGM, the Norwegian state used its controlling stake in the oil and gas firm to block a resolution on climate disclosures, but a significant proportion of shareholders disagreed
Investors divided on return profile of natural capital strategies
Investor demand for natural capital strategies is on the rise, but what sort of returns are realistic and sustainable?
Nordea confirms quarantine for fossil fuel major
Nordea Group has confirmed an effective quarantine on TotalEnergies, with no further bonds or shares being bought amid growing concerns about the firm’s fossil fuel expansion in East Africa
Nordea shareholders reject resolution on fossil fuel lending
Nordea shareholders have overwhelmingly voted against a shareholder proposal in Helsinki today, asking the firm to cease lending and investment in fossil fuel companies that lack Paris-aligned transition plans