Climate
Climate is a main theme in P's work with responsible investments. We are determined to reduce the CO2 footprint from our investment portfolio, and the Paris Agreement is an important element in our work with responsible investments. We exercise intensifed active ownership with the largest CO2-emitting companies in the portfolio. And we aim at increasing our part of climate-friendly investments.
Climate targets
P+ has decided on several ambitious climate targets that apply to the entire portfolio:
How we take climate action
You can read about how we take climate action (only available in Danish) here.
Fossil fuel divestment
Since 2019 P+ has increased its focus on fossil fuel companies, and we have continuously divested coal, oil and gas companies. Today, P+ has divested all the largest oil and gas companies and all companies with a revenue from extraction of coal. Besides, we have divested the 50 companies that have expanded their production the most.
Renewable energy investments
We have continuously increased our investments in renewable energy. In 2023 alone, P+ invested approx. DKK 2 billion in renewable energy. You can read more in our report on corporate social responsibility. The report is only available in Danish.