Asset Management

Danish megafund starts crusade on climate and tax evasion

Danish pension fund ATP unveils new policies as it reports another year of strong investment results

Danish megafund starts crusade on climate and tax evasion
Photo: Getty Images

ATP, Denmark's state pension fund and one of Europe's largest investors, is embarking on a push to pressure companies on their climate change policies and tax evasion — in line with its global peers.

The pension fund, which manages Dkr769bn (€103bn) is to publish the carbon footprint of its equity portfolio, and ask companies to sign up to the Task Force on Climate-Related Financial Disclosures, ATP's chief executive Christian Hyldahl said today. The task force was launched by Mark Carney and Mike Bloomberg in 2015.

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