Since 2006, the UN-PRI has published an annual, international report assessing the work, processes and integration of ESG in investments. This year’s report shows a general improvement to Danske Bank and the bank achieved top scores in seven out of twelve areas regarding ESG integration.
Among other areas, Danske Bank has improved in the category 'active ownership': "We are particularly proud of having improved in this area, as sustainable investment is about taking responsibility. It is more responsible to address material ESG matters as investors, rather than refraining from investing when issues of concern arise, leaving the problem to someone else to solve. We engage with companies through dialogue, we vote at their annual general meetings, and we participate in joint investor initiatives to e.g. encourage companies to take action on climate change," says Atilla Olesen, Head of Danske Bank Asset Management.
Danske Bank has significantly improved in latest United Nations Principles of Responsible Investments assessment
The annual assessment conducted by United Nations Principles of Responsible Investments (UN-PRI) shows significant progress to Danske Bank’s work with sustainable investment in several areas – not least within active ownership.