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Denmarks AkademikerPension , a member-owned scheme serving 174,500 teachers and other academic professionals, said it had decided to terminate our relationship with State Street Global Advisors (SSgA), after the US-based index fund giant was given a low ESG rating by staff.
Head of Sustainability at CDPQ Bertrand Millot highlights the pension fund’s focus on decarbonising the real economy, as well as comprehensively divesting from the oil industry. In addition to divesting from oil, CDPQ plans to deepen its practice in the biodiversity space and expand the scope of its commitments in nature-positive themes.
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