Responsible Investing

Nordic pension firms will combat ocean plastic pollution through green bond

Two pension firms in Denmark and Sweden believe that a new World Bank bond will generate good returns for pension savers and contribute to solving the problem of plastic pollution. 
A mother and daughter walk along Hann Bay in Dakar, Senegal. Once an unspoilt bay, the area is now one of the most polluted in Dakar with a build-up of plastic and other materials penetrating meters deep into the sand. | Photo: John Wessels/AFP/Ritzau Scanpix
A mother and daughter walk along Hann Bay in Dakar, Senegal. Once an unspoilt bay, the area is now one of the most polluted in Dakar with a build-up of plastic and other materials penetrating meters deep into the sand. | Photo: John Wessels/AFP/Ritzau Scanpix
by KIM WIESENER

Denmark’s Velliv and Sweden’s Skandia are among the leading investors in a new green bond issued by the World Bank that aims to reduce plastic waste in the oceans as well as in vulnerable communities.

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