PensionDanmark is a Danish pension fund that operates in the Investment Holding Companies sector, with a focus on sustainable investments. The company was founded in 1993 and has since grown to become one of the largest pension funds in Denmark, managing assets worth over DKK 300 billion ($48 billion).

PensionDanmark has a strong commitment to sustainability and has set ambitious goals for decarbonisation and renewable energy. The company aims to reduce the carbon footprint of its investments by 50% by 2030 and to achieve net-zero emissions by 2050. To achieve these goals, PensionDanmark has adopted a range of strategies, including investing in renewable energy and energy efficiency projects, as well as engaging with companies to encourage them to adopt more sustainable practices.

One of the key areas of focus for PensionDanmark is corporate energy, which involves working with companies to help them reduce their energy consumption and transition to renewable energy sources. PensionDanmark has invested in a number of renewable energy projects, including wind farms, solar parks, and biomass plants, and has also established partnerships with companies to help them transition to renewable energy sources.

One of the ways in which PensionDanmark is supporting companies in their transition to renewable energy is through corporate power purchase agreements (PPAs). A corporate PPA is a contract between a company and a renewable energy provider, which enables the company to purchase renewable energy directly from the provider. PensionDanmark has been involved in a number of corporate PPA deals, including a recent agreement with Danish wind energy company, Ørsted, to purchase 100 MW of renewable energy from the Borkum Riffgrund 3 offshore wind farm in Germany.

PensionDanmark has also been actively engaged in decarbonisation efforts, which involves reducing the carbon footprint of its investments by divesting from fossil fuel companies and investing in low-carbon alternatives. The company has divested from a number of fossil fuel companies, including coal and tar sands, and has invested in a range of low-carbon alternatives, such as renewable energy and energy efficiency projects.

In addition to its investment activities, PensionDanmark has also been actively engaged in advocacy and policy work related to sustainability. The company has been a vocal advocate for stronger climate action and has called on governments and businesses to take more ambitious action to address climate change. PensionDanmark has also been involved in a number of policy initiatives aimed at promoting sustainable investment, including the development of a sustainable finance taxonomy for the European Union.

Overall, PensionDanmark is a leading example of a company that is committed to sustainability and is taking concrete steps to reduce its carbon footprint and support the transition to renewable energy. Through its investment activities, advocacy work, and partnerships with companies, PensionDanmark is playing an important role in driving the transition to a more sustainable and low-carbon economy.