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Responsible Investing

Danske Bank green funds reported to Ombudsman

Half a billion Danish kroner (EUR 67.16m) from green funds are invested in oil, coal and gas, causing NGO ActionAid Denmark to issue a formal complaint about Danske Bank.
Danske Bank disclosed their climate plan in January. Few Danes view the bank as a contributor in regard to climate action, survey shows. | Photo: Philip Madsen
Danske Bank disclosed their climate plan in January. Few Danes view the bank as a contributor in regard to climate action, survey shows. | Photo: Philip Madsen
by mikkel holmgaard winding, translated by Katrine Gøthler

Ten of the funds that Danske Bank deems to be sustainable have invested around DKK 500m (EUR 67.16m) in fossil energy such as oil, coal and gas, writes Danish daily Politiken.

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