Pension industry association says debate on arms and defense investments is needed

Russia’s invasion of Ukraine has meant that investments in arms and defense are no longer seen as unethical, but industry association Insurance & Pension Denmark states that a discussion about these assets is necessary.
Tom Vile Jensen, deputy director at Insurance & Pension Denmark | Photo: PR/Forsikring & Pension (IPD)
Tom Vile Jensen, deputy director at Insurance & Pension Denmark | Photo: PR/Forsikring & Pension (IPD)
by sofie højlund, translated by catherine brett

The war in Ukraine has turned principles regarding investments in arms and defense on their heads, writes Danish financial daily Berlingske, reporting that assets that were previously blacklisted due to ESG criteria are now being sought out.

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