ESG Newsletter

PensionDanmark was established by labour unions in Denmark to provide pension benefits to all blue collar workers. Today, it is one of the largest pension funds in Europe with €32 billion of assets under management as at December 31, 2018.

The pension fund employs strict screening criteria on human rights, the environment, climate factors, corruption and corporate governance, in addition to international norms by the ILO and the UN. In its public equity portfolio, PensionDanmark leverages corporate engagements and proxy voting at portfolio companies to improve their ESG performance. Furthermore, the pension fund is directly invested in renewable energy infrastructure, producing 3,665 GWh of green energy per year. Finally, the pension fund reported its own ESG performance using a methodology developed by the CFA Society Denmark (Finansforeningen), the trade organization of Danish Auditors (FSR) and Nasdaq Copenhagen – a first in Denmark for a pension fund.

Corporate Social Responsibility Report – 2019

ESG Key Figures – 2019

Exclusion List