Pension

PKA still owns some of the world's biggest coal mines despite fresh exclusion policy

Some of the world's largest coal mines are still part of PKA's portfolio despite their fresh, more strict investment policy. Other Danish pension funds and the Norwegian oil fund exclude these coal mining giants.
Dewi Dylander, Deputy Director and Head of Responsible Investment at PKA. | Photo: PR/BAM
Dewi Dylander, Deputy Director and Head of Responsible Investment at PKA. | Photo: PR/BAM
by ANNE LOUISE HOUMANN

Earlier this week, Danish pension provider, PKA, tightened its investment policy for companies with interests in coal and excluded 20 businesses worth DKK 300m (EUR 40.28m) from its investment portfolio. Despite this, PKA still invests in some of the world's largest coal mines, Danish business daily Børsen writes.

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