‘We have decided to become even more selective’
In a powerful step toward a greener future, Danske Bank Group, a Copenhagen-based bank, has dramatically scaled back its investments in fossil fuel companies, signaling a major win for climate-conscious investing.
ESG Today reported that by announcing in August that it’s divesting from over 85% of its dirty energy holdings, Danske Bank is aligning its financial strategy with the urgent need for environmental action and sending a clear message that the future belongs to clean energy.
The move follows a new policy that supports companies with credible low-carbon transition plans aligned with the Paris Agreement.
By shifting capital toward businesses preparing for a cleaner energy future, Danske is responding to customer…
