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Denominator’s new report analyses over 27,000 equity investments across 21 Nordic pension funds, revealing significant gaps in diversity integration, particularly in leadership roles. Sweden ranks lowest in diversity performance and gender representation, while Norway ranks highest. Over USD 100bn are invested in companies with no women in leadership.

Denmark stands out for transparency, with most pension funds disclosing holdings publicly. As a first-of-its-kind study, it calls on Nordic pension funds to increase transparency and embed diversity into their investment strategies.

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The state of diversity & inclusion in Nordic retirement funds – Denominator

Nordic pension funds invest billions in diversity bottom-performing firms, lagging in diversity and responsible investment.

Only members with restricted access (ie. academics, asset owners, government and regulatory, independent advisers/trustees and sponsoring employers) can view this article. Please login or join to view.

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