Billions of Danish kroner from Danes’ pension savings are co-financing hundreds of fossil fuel power plants, without this being reflected in the pension funds’ carbon statements in their climate accounts.
Danwatch can document Danish pension investments of DKK 4.7 billion in eight private equity funds that own or finance at least 426 active oil, gas and coal power plants.
The power plants have so far been hidden from Danish pension savers and escape the pension sector’s CO2 statements.
The power plants can be traced back to 13 Danish pension funds via their investments in various financial products offered by private equity funds – shares, bonds, funds and joint venture companies that fully or partially control the power plants.
Artiklen er udgivet på … danwatch.dk
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