P + excludes all coal companies
9 December 2020
P+ publishes on its website: “P + reduces the portfolio’s CO2 footprint by divesting all coal companies in the portfolio because they do not live up to the pension fund’s new standards for liability.
In the autumn, we unveiled new standards for the work with responsible investments in P +. We now execute on coal companies, and we therefore divest all companies in the portfolio that extract coal.
The portfolio has been reviewed with a close comb based on international methods, tools and definitions. As a result, we are divesting a total of 40 companies and removing them from the portfolio by the end of 2020.”
Source: P+
