Danske Bank is phasing in a new policy targeting investments in fossil fuel companies, focusing on those with credible sustainability plans. The transition is complex and incorporates systematic assessments and approvals. A comprehensive approach ensures customer interests are prioritized, with ongoing evaluations of investments to optimize returns.
In January 2025, Danske Bank provided an update regarding its new investment policy focused on fossil fuel companies, following a commitment made last year. The policy aims to phase out investments in companies lacking robust transition plans towards sustainability. Currently, the bank is adjusting its portfolios in accordance with this new strategy, implemented under Danske Bank Asset Management and Danica.
Danske Bank is gradually transitioning its investment policy to prioritize companies with credible sustainability plans in the fossil fuel sector. This complex implementation process reflects customer preferences while aiming for responsible returns. The bank continues to assess companies dynamically, with systematic updates and strategic changes to ensure optimal investments within the framework of its Responsible Investment Policy.
Original Source: danskebank.com
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