ESG Newsletter

PKA is responsible for managing the pensions of Denmark’s healthcare professionals, nurses and social workers. With more than 325,000 members, the Danish public pension fund had 330 billion Danish kroner (USD49.5 billion) in assets under management as at December 31 2019.

As a responsible investor, PKA has implemented screening criteria around tobacco, weapons and coal, as well as the UN Global Compact’s principles. With regards to Climate Change, PKA allocated 10% of its assets to climate solutions. Additionally, as part of its active ownership strategy, PKA pushes companies from the coal, oil and gas sector to incorporate the Paris Agreement’s objectives into their business strategy. As such, the organization joined Climate Action 100+ to engage with their peers and increase their influence on portfolio companies.

Active Ownership Policy (available in Danish only) 

Statement of Active Ownership 2019 (available in Danish only) 

UN PRI Transparency Report 2020