Finance sector must focus on sustainability, says Danish minister
If the UN’s sustainable development goals are to reached by 2030, the financial sector must be made to put sustainability high on its agenda, Denmark’s Finance Minister tells AMWatch after a meeting with his EU counterparts in Brussels.
Sustainable investment was the top item on the agenda of last week’s Brussels meeting of EU finance ministers within the Economic and Financial Affairs Council (Ecofin) — the body responsible for the EU's economic policy.
The Danish defense industry has encouraged pension funds in the country to look more positively at investments in weapons. ”We would like it to be considered ordinary societal responsibility,” says an industry leader.
Net inflows have exceeded expectations at BankInvest in Q1. The EUR 20bn manager has been criticized for some of the investments in its sustainable flagship product, but CEO Lars Bo Bertram is proud that the EUR 12bn fund has managed to beat its benchmark despite massive gains for oil and gas.