Pension fund PKA to divest from TotalEnergies

Danish pension funds Danica and PFA maintain investments in the French oil giant which has invested in an oil project accused of violating human rights and impacting biodiversity and nature in Africa.

The pipeline will run through Murchison Falls National Park in northwestern Uganda. A study by Inclusive Development International concludes that the pipeline is a violation of global environmental guidelines. | Photo: Uncredited/AP/Ritzau Scanpix
The pipeline will run through Murchison Falls National Park in northwestern Uganda. A study by Inclusive Development International concludes that the pipeline is a violation of global environmental guidelines. | Photo: Uncredited/AP/Ritzau Scanpix

Danish pension company PKA is withdrawing its investment in oil major TotalEnergies after unsuccessfully trying to influence the company in a more sustainable direction, writes Danish business daily Børsen.

Already a subscriber?Log in here

Buy a subscription and get access to all of AMWatch

Personal subscription


With a personal subscription you get:

  • Premium access to all content on AMWatch
  • Unlimited access to our archive
  • Daily newsletters with the most important industry news
  • Top newsletters when the biggest industry news breaks
  • Login to our app - industry news on the go
Buy

Corporate subscription


With a corporate subscription you get:

  • All the benefits of a personal subscription
  • Solution tailored to your company's needs
  • Attractive price per user
Order access

Try AMWatch for 14 days - and get access to all content.

Get a non-binding trial subscription here.

Share article

  • Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

Further reading