Climate and Sustainability

As investor, we wish to contribute to the green transition and sustainable development. Therefore, climate considerations are an integral part of our investment process, we work systematically to reduce the carbon footprint of our equity and property portfolios, and we actively invest in green solutions.

We invest based on the Global Goals

PFA supports the climate target of the Paris Agreement. The agreement was entered into by the UN member countries at the Climate Change Conference in Paris in 2015 to reduce greenhouse gas emissions. We have integrated the target into our investment process and developed a method for screening our equity portfolio from a climate perspective. This allows us to identify the companies and sectors where PFA’s climate impact is most significant as well as analyse whether there is a positive development among them. If there is not, we can choose to adjust the portfolio to ensure that we meet the target and drive the development in a sustainable direction.

We invest in renewable energy

We actively invest in green solutions and renewable energy. Among others, we have invested in solar farms and in the world’s largest offshore wind farm, Hornsea 1, which can produce enough green energy to supply 1 million households.

We climate screen properties

Climate and sustainability considerations recur in our property investments. We have developed a method for implementing the Paris Agreement in our Danish property portfolio and work systematically to map the energy and resource consumption of the properties to reduce the carbon footprint. It is our ambition that the CO2 emissions from our Danish properties should be zero in 2050. One of the steps towards the ambition is to energy-optimise our properties.

We build sustainably

We strive to build and renovate in accordance with sustainable and environmentally-friendly standards – among other things, we screen all new constructions and major renovations to make sure they qualify for a DGNB certification. For example, the renovation of PFA’s own domicile is based on a high degree of recycling and energy optimisation and on achieving a DGNB silver certification.

We cooperate with international climate networks

Carbon Disclosure Project (CDP)
As a member of the international climate network CDP, we are working to increase the number of companies which report on their climate accounts.

Institutional Investor Group on Climate Change (IIGCC)
PFA believes that investors hold the strongest position when they take joint action when addressing the risks and opportunities associated with climate change. As a member of the IIGCC, PFA collaborates with more than 130 investors on promoting consistent climate regulation across geographic borders and knowledge sharing on the integration of environmental considerations into the investment process.

Climate Action 100+
For PFA, dialogue is key to impacting the development. To strengthen the dialogue, we participate in the international investor initiative Climate Action 100+, which enters into dialogue with the 100 largest greenhouse gas emitters in the world.

Nordic Engagement Coorperation (NEC)
As the only Danish company, PFA is a part of the investor cooperation NEC. NEC cooperates on a joint active ownership dialogue with companies where, for example, environmental risks have been identified.

Green Building Council Denmark
We wish to take part in developing the work with sustainability in buildings and the developed environment in Denmark. As a member of the organisation Green Building Council Denmark, we cooperate with more than 300 players and contribute with our experience in the area.