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Nordic investors divided on exclusion of Chinese companies tied to forced labor

The risk of forced labor in the Chinese solar cell industry has prompted a Danish pension fund to exclude several companies. Other Nordic investors have been unaware or unable to document violations.
From left: Kirstine Lund Christiansen, Head of ESG at P+, Jan Kæraa Rasmussen, Head of ESG at PensionDanmark and Jens Munch Holst CEO of AkademikerPension. | Photo: PR/P+,PensionDanmark and AkademikerPension
From left: Kirstine Lund Christiansen, Head of ESG at P+, Jan Kæraa Rasmussen, Head of ESG at PensionDanmark and Jens Munch Holst CEO of AkademikerPension. | Photo: PR/P+,PensionDanmark and AkademikerPension
by PHILIP MADSEN

Danish pension fund P+ has excluded 10 Chinese companies and put an additional 10 companies on its observation list over concerns about connections to forced labor in the solar cell industry.

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