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Danish pension fund draws a line, excludes the world's ten largest oil companies

The oil company exclusion has MP Pension divest equities totaling EUR 86.4 million, which is equivalent to two thirds of its total investments in oil. The companies lack a plan to become more climate-friendly and they work against climate-related regulation, the pension fund claims.

MP Pension Chief Investment Officer Anders Schelde. Photo: PR/MP Pension

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