International

Nordea Asset Management | Do we have to pollute to live?

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Nordea Asset Management's Responsible Investments committee has decided to exclude 28 coal mining companies (0.02% of MSCI World All Countries) from the investment universe. These companies do not have the willingness or a meaningful opportunity to diversify away from coal. This exclusion is as a necessary step to fulfill our obligations as a responsible investor regarding climate issues related to our investments.