Denmark: unions revive the issue of ethical investment by pension funds

The two union confederations LO and FTF are ready to amend the guidelines of the policy of the mandatory ATP (Arbejdsmarkedets Tillægspension - supplementary pension investment fund) after what the revelations made by the daily newspaper Information concerning its investments in five companies involved at different levels in the manufacturing of nuclear weapons. The government's party mentioned the possibility to create an "ethical code" for pension funds' investments. (Ref. 080175)

Through . Published on 27 February 2008 à 11h47 - Update on 27 February 2008 à 11h47

This is not a new thing. In the past few years, the Danish press has frequently told on the “lack of ethics” for pension funds’ investments, and the debate which followed even pushed some funds to review their investment policy, as was the case last fall  for the mandatory supplementary pension fund ATP (Arbejdsmarkedets Tillægspension),…

Need more info ?

Contact

mind's on-demand study service

  • This field is for validation purposes and should be left unchanged.