MP Pension is the Danish pension fund for masters of arts and science and PhD’s employed in the public sector at universities and upper secondary schools and for private sector employees with academic degrees in the above-mentioned areas. The fund is owned by its 120.000 members, and has around USD18 billion (€15 billion) in assets under administration.[1]
MP Pension’s Policy for Responsible Investments states that, based on the Treaty on the Non-Proliferation of Nuclear Weapons, the pension fund does not want “their investments to be contributory to activities with nuclear weapons”.[2] In practice, this means all companies involved in the production, development, trade or maintenance of nuclear weapons or specifically designed delivery systems and components are excluded from investment.[3]
MP Pension’s assets are managed by its subsidiary MP Investment Management. The policy applies to all investments, managed internally or externally.[4]
To implement its exclusion policy, MP Pension makes use of an exclusion list based on research by Hermes EOS and Sustainalytics. As of 7 November 2017, the following companies were excluded for involvement with nuclear weapons: Aecom Technology; Aerojet Rocketdyne; Airbus; Babcock International; BAE Systems; Boeing; BWX Technologies; CACI International; China Shipbuilding Industry; CNIM; Dassault Aviation; Ducommun; Fluor; General Dynamics; Harris; Honeywell ; International; Huntington Ingalls Industries; Jacobs Engineering; Kratos Defense & Security Solutions; Larsen & Toubro; Leidos; Leonardo; Lockheed Martin; MOOG; Northrop Grumman; Orbital ATK; Safran; Serco Group; Thales and Walchandnagar Industries.[5]
Website: https://mppension.dk/
Twitter: @mppension
Facebook: www.facebook.com/mppension/
[1] MP Pension, “About MP Pension”, MP Pension website (https://mppension.dk/english/), viewed 23 January 2018; MP Investment Management, “PRI Reporting Framework 2017”, PRI website (https://reporting.unpri.org/surveys/PRI-reporting-framework-2017/BCA37001-908D-4748-9C64-E3CE095ACB7B/79894dbc337a40828d895f9402aa63de/html/2/?lang=English&a=1), viewed 23 January 2018.
[2] MP Pension, “Guidelines for Responsible Investment”, June 2017, page 10, MP Pension website (https://mppension.dk/globalassets/pdfer/ansvarlige-investeringer/guidelines_for_responsible_investments_june_2017.pdf), viewed 23 January 2018.
[3] MP Pension, written response to PAX, 20 November 2017.
[4] MP Pension, “Guidelines for Responsible Investment”, June 2017, page 10, MP Pension website (https://mppension.dk/globalassets/pdfer/ansvarlige-investeringer/guidelines_for_responsible_investments_june_2017.pdf), viewed 23 January 2018; MP Pension, written response to PAX, 20 November 2017.
[5] MP Pension, “Eksklusion”, MP Pension website (https://mppension.dk/ansvarlige-investeringer/eksklusion/), viewed 23 January 2018.
Last modified March 2018