PFA Pension, Denmark’s largest pension fund, has launched a new vehicle that allows customers to place their savings in climate-focused investments. The vehicle, known as PFA Climate Plus, is expected to be CO2-neutral by 2025.
“As Denmark’s largest pension company with more than 1.3 million customers, PFA has a special responsibility to contribute to a sustainable development of society,” said Allan Polack, group CEO. “The investment of pension savings is one of most significant ways in which an individual can make a difference.”
PFA said that, over a number of years, it has systematically worked to integrate sustainability into the way the customers’ savings are invested, based on the goals of the Paris Agreement and the UN Global Goals.
In PFA Climate Plus, all asset classes will consist of specifically selected companies that actively work to reduce CO2 emissions and have a positive impact on the climate. It will support investments in green as