Alfred Berg and other investors demand higher yields from "brown" companies

If oil and offshore drilling companies want to secure financing, they are forced to pay higher yields and offer better terms to their investors.
Henrik Emil Høyerholt and Maria Granlund are portfolio managers at Alfred Berg's Nordic high yield fund. | Photo: PR / Alfred Berg
Henrik Emil Høyerholt and Maria Granlund are portfolio managers at Alfred Berg's Nordic high yield fund. | Photo: PR / Alfred Berg

Pension funds and other investors are increasingly shying away from placing their money in the oil and offshore sector because of climate considerations and ESG requirements.

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