Nordea AM excludes chemicals giant on biodiversity grounds

US chemical company DuPont is liable for legacy PFAS pollution and has therefore been placed on Nordea AM’s exclusion list along with several other companies, the Nordic asset manager says.

The exclusion of DuPont is the first time Nordea has banned a company for biodiversity reasons. | Photo: Sina Schuldt/AP/Ritzau Scanpix

by KIM WIESENER

Nordea Asset Management has placed US chemicals giant DuPont on its exclusion list on biodiversity grounds, the media Responsible Investor reports.

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Nordea AM excludes chemicals giant on biodiversity grounds

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Storebrand excludes company accused of threatening wildlife

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Front page now

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

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Further reading

Nykredit to divest more than 60 fossil fuel companies

Swedish asset manager kicks off new fund with leading Nordic institution

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

BankInvest to optimize investment processes with new hire

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

Nordics show clear appetite for new asset classes, BlackRock survey reveals

Jobs