Banks to raise the bar for sustainable funds

Two large fund management companies are changing their standards for what can be labelled as sustainable in order to help consumers navigate the large amount of sustainable products on offer. Two more are open to the idea.
Eric Pedersen, head of responsible investments at Nordea Asset Management. | Photo: PR/Nordea
Eric Pedersen, head of responsible investments at Nordea Asset Management. | Photo: PR/Nordea
by dorthe bach, translated by catherine brett

Danske Invest and Nordea Invest are changing the names of their equity and bond funds with a sustainability focus to make the contents of the fund easier to understand, Danish financial daily Børsen reports.

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