Danish mutual funds embrace sustainability but lacks common definition

The lobby group for mutual funds is actively working for the sustainable investment agenda, and a recent survey shows that this goes down well with customers. But it is a risky business area full of both mines and hot potatoes.
Connie Hedegaard, Chairman of green think tank Concito and former Danish Commissioner for Climate Action and Minister for Climate, to the group of white collar attendees all wearing a suit and tie. | Photo: Ritzau Scanpix/Ólafur Steinar Gestsson
Connie Hedegaard, Chairman of green think tank Concito and former Danish Commissioner for Climate Action and Minister for Climate, to the group of white collar attendees all wearing a suit and tie. | Photo: Ritzau Scanpix/Ólafur Steinar Gestsson
BY CATHRINE KIER, FINANSWATCH

Denmark's mutual fund sector is aggressive when it comes to sustainability. This was a main point at lobby organization Investering Danmark’s annual general meeting last Wednesday afternoon in Copenhagen, and both customers and authorities call support this agenda.

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