Oil refinery. Credit: Zbynek Burival

Publications

Norges skitne kullhemmelighet (norsk versjon)



Denne analysen viser at det norske Oljefondet har investert hele 189 milliarder NOK i kullselskaper, til tross for Norges ambisjoner om å trekke Oljefondet ut av industrien og å være en internasjonal klimaleder. 

Disse investeringene er fordelt på 97 kullselskaper verden over som driver med termisk kull for kraftproduksjon og metallurgisk kull for stålproduksjon. Noe av det mest bekymringsverdige ved funnene er at 112 milliarder er investert i 47 selskaper med ekspansjonsplaner som strider mot målene i Paris-avtalen.

Norway's Coal Secret (English version)



This analysis shows that the Norwegian Oil Fund has invested a total of 189 billion NOK in coal companies, despite Norway's ambitions to be an international climate leader.

These investments are spread across 97 coal companies worldwide. 112 billion of the investments are placed in 47 companies that have expansion plans that contradict the goals of the Paris Agreement.

Danske Bank's policy on fossil fuels - an example to follow



Danske Bank's new fossil fuel policy will see the bank divest from nearly all of the fossil fuel companies in its portfolio. The change has made Danske Bank one of the international climate leaders in the financial sector, setting an example for other banks and pensions fund to follow.

Fuelling the Fire



This analysis finds that Eksfin, the Norwegian export credit agency, provided up towards USD 1 billion to fossil fuels from July 2021 to June 2023. 

Norway’s Coal Secret



This reports uncovers that despite the Norwegian Oil Fund stating it has sold out of coal and despite Norway’s repeated promises that the Fund will be an international climate leader, the fund still has tens of billions of Norwegian Kroner (NOK) invested in the industry.

Danish Pension Funds´ Ticking CO2 Bomb



Danish pension funds are investing billions in 93 oil and gas expansion projects. 

Complaint about marketing by Danske Bank to the Danish Comsumer Ombudsman

In March 2023 ActionAid Denmark lodged a complaint over Danske Bank with the Danish Consumer Ombudsman after discovering fossil fuel investments amount to half a billion DK in the banks green investment funds. 

Danish pension funds climate failure

Danish pension funds have widely different climate policies. In this report, you can find out if your super is investing your retirement savings in fossil fuels.

A Sustainable Banking Sector in Scandinavia

The report proposes 3 regulatory measures of how politicians can make the Banking Sector in Scandinavia and the EU more sustainable.

Banking on Thin Ice 1

This report provides the first ever overview of the financial relationships between 10 major Nordic banks and the fossil fuel industry, as well as the policies the banks have in place to regulate their links to the industry.

Banking on Thin Ice 2

This report provides an overview of the financial relationships between 10 major Nordic banks and the fossil fuel industry, as well as the policies the banks have in place to regulate their links to the industry.

The Insurance Industry and the Green Transition

The insurance industry role in the green transition plays a crucial role, but is often overlooked. 

From Financing Oil to Climate Leadership

This report uncovers how Denmark is providing international public finance to the fossil fuel industry and encourages Denmark to commit to ending all international public finance of fossil fuels before COP26.  

Analysis of Danske Bank’s Climate Action Plan

Brief analysis of Danske Bank’s Climate Action Plan highlighting how there is a gap in the new plan as Danske Bank will stop providing loans for fossil fuel companies that are expanding, but will continue to invest in those same companies. 

The Climate Betrayal of the Danish Pension Sector

This report uncovers how the 16 largest Danish pension funds have invested 46 billion DKK in fossil fuel companies.