Danske Bank makes investing sustainably easier for customers

Danske Bank is adjusting its investment products so both personal and institutional customers can more readily invest sustainably.



To accommodate the rising demand for sustainable investment products, Danske Bank is adjusting six Danske Invest index funds so they now comply with article 9 of the EU’s Sustainable Finance Disclosure Regulation (SFDR).

The index funds will thus invest in activities that contribute to solving the climate challenges and creating a more sustainable society.

“We have adjusted our investment products because we are keen to make it easier for our customers – both personal and institutional – to invest in the green transition. All of the six funds track the EU Climate Transition Benchmark. This means that companies are selected or excluded in a way that ensure the funds help reduce climate impact and contribute to the green transition,” explains Thomas Otbo, Chief Investment Officer at Danske Bank.

Adjustments

6 index funds are adjusted...

...so they will invest in activities that contribute to solving the climate challenges and creating a more sustainable society
2 index funds are adjusted...

...so there will be more than 90 ESG funds


Expanded selection of ESG investment products
As well as facilitating sustainable investing, Danske Bank is also expanding its range of ESG (environmental, social and governance) investment products with two index funds, so there will be more than 90 ESG funds in all that customers across Danske Bank’s markets can invest in.

ESG investment products are Danske Invest funds that promote ESG characteristics by, for example, investing in companies focused on the climate, labour relations, diversity or anti-corruption.

These products thus comply with article 8 of SFDR, which came into force on 10 March this year. The new EU regulation provide the financial sector with clear definitions of what may be termed as sustainable or ESG investment products.


A step closer to our targets

Earlier this year, Danske Bank announced two specific targets for ESG and sustainable investment funds:

  • 400 bn DKK in investment funds that promote ESG in 2023
  • 150 bn DKK that have sustainability objectives in 2030


Read more on danskeinvest.dk 

 These newly adjusted investment products are the first step on the road to reaching our 2030 target, and we will be regularly developing and expanding our product range so we can create value for our customers and support the transition to a more sustainable society. 

Thomas Otbo

Chief Investment Officer, Danske Bank