Scandinavia
Investors warn EU against linking Arctic fossil fuels to energy security
Ahead of the upcoming strategy update, investors have called for maintaining fossil fuel exploration restrictions
Akademiker overhauls climate strategy introducing transition focus
CIO Anders Schelde says the fund will strengthen climate engagement with managers
AkademikerPension considers increase in European renewables allocation, cutting US exposure
CIO Anders Schelde says a private markets-led European tilt could potentially mean lower allocations to the US
Danish investors challenge Nordea’s Arctic fossil fuel financing ahead of AGM
Nordea, the largest lender in the Nordic region, has come under pressure from institutional investors over its backing of Arctic oil and gas exploration
Norges Bank, BCI, Brookfield launch $2.6bn renewable energy joint venture
NBIM will invest $425m for a 33.3% stake in Northview Energy, expanding private markets renewable energy portfolio
Denmark’s Impact Fund expects doubling of pensions capital invested in Indian renewables developer
Danish pension funds, who backed Indian renewable energy company CleanMax, are set to reap strong returns from its IPO
Fidelity, Schroders, JP Morgan sustainable funds win SEK200bn Swedish active equity mandates
The Swedish Fund Selection Agency (FTN) has announced the winners of a SEK200bn procurement of global actively managed equity funds
Norges Bank announces 18% annual return from renewable infrastructure
Unlisted renewable infrastructure accounts of 0.4% of NBIM’s holdings. In recent months, NBIM has signalled its intent to diversify its exposure
Swedish Fund Selection Agency expands use of Clarity AI in sustainability fund procurement
Sweden’s Pensions Agency and Fund Selection Agency have signed a three-year contract with Clarity AI aimed at sustainability-led fund analysis and procurement.
‘65-year-old member has more exposure than a 35-year-old’: PensionDanmark’s renewable infrastructure investment plan
Jan Kæraa Rasmussen, PensionDanmark’s head of ESG & sustainability, takes Net Zero Investor behind-the-scenes of an ambitious push to finance 800MW of renewable infrastructure by 2030
AP7 excludes BP, Woodside, Chevron and TotalEnergies over Paris alignment concerns
AP7, Sweden’s largest public pension fund, has adopted widespread exclusions of major fossil fuel companies, raising concerns that these firms are no longer aligned with the Paris Agreement
