AMWatch

Varma leaves room to maneuver in expanding green assets

Last week, Varma announced changes to its ESG strategy. However, the Finnish pension fund has not yet made detailed plans for its route to carbon neutrality and says finding green assets is easier said than done.

Hanna Kaskela, Sustainability Director at Varma. | Photo: PR

Finnish pensions company Varma is not yet making detailed plans concerning which investment vehicles it will use to reach its new climate targets.

One reason for this is that it expects technologies combating climate change to evolve over the next decade and provide completely new ways to turn portfolio green, says the company’s Sustainability Director Hanna Kaskela.

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