KLP to invest billions of euros annually to reach new climate standards

As part of a new climate strategy, Norway’s largest pension company will invest EUR 2.6bn yearly in companies with ”credible transition plans”.

Aage Schaanning, Chief Financial Officer of KLP. | Photo: PR/KLP
Aage Schaanning, Chief Financial Officer of KLP. | Photo: PR/KLP

KLP is the first Norwegian finance institution to have climate targets approved according to the Science Based Targets Initiative’s (SBTi) new standard. 

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