Danica CEO urges energy companies to invest profits in the green transition

Profits generated by rising energy prices should be used to advance the transition from fossil energy, says the CEO of Danica.

Søren Lockwood, CEO of Danica Pension | Photo: Pr/danica

by thomas nygaard madsen, translated by katrine gøthler

Rising energy prices in 2022 have generated large profits for the world’s energy companies, and they should use the money to invest in the green transition, argues Danica CEO Søren Lockwood in an opinion piece published by Danish business daily Børsen.

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Danica CEO urges energy companies to invest profits in the green transition

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Front page now

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Further reading

Danske Bank finances fossil fuel companies on its own blacklist

Swedish asset manager kicks off new fund with leading Nordic institution

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BankInvest to optimize investment processes with new hire

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

Europe's biggest oil company quietly shelves a radical plan to shrink its carbon footprint

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