AMWatch

Danish pension companies pressure European oil major on Myanmar complicity

Danish pension companies PFA and Topdanmark are reconsidering investments in French oil giant Total due to its cooperation with the military junta in troubled Myanmar.

Photo: Sarah Meyssonnier/REUTERS / X07453

Danish pension companies PFA and Topdanmark are putting pressure on French oil and gas supermajor Total to address that the company – as the largest gas operator in Myanmar and through its collaboration with state-owned and military-run Myanmar Oil and Gas Enterprise (MOGE) – can be coupled with the junta that staged a coup d'état on Feb. 1, reports Danish daily Information.

"As an investor, we expect them to do everything they can to not contribute to human rights violations," writes Topdanmark to the newspaper:

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Titanbay fuels growth with new partnerships as competition heats up

The platform for private market funds has got fresh capital and new partners onboard, as the competition between companies trying to bridge the gap between private market funds and investors with limited access intensifies. The CEO of Titanbay tells AMWatch how the new partnerships will help the business to prosper.

Further reading

Related articles

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch