Finnish pension firm Varma targets carbon neutrality by 2035

On the 11.25.19 at 12:09PM


Tuba Raqshan

Finnish mutual pension insurance firm Varma is targeting carbon neutrality of its investment portfolio by 2035, while exiting from investments in thermal coal equities by 2025.

Varma, which manages assets worth €47.4bn, pointed out that achieving a climate neutral investment portfolio will require investments in companies that enable emissions reductions and adaptation to changes triggered by global war

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