Danske Bank's Fossil Fuel Blacklist Excludes Companies Expanding Operations but Keeps Investing in Oil Giants

Monday, Aug 18, 2025 8:11 am ET1min read

Danske Bank has announced a new investment strategy that excludes companies "lagging behind in the transition away from fossil fuels". However, the bank is still investing in oil giants like TotalEnergies, BP, and Eni, which continue to expand their fossil operations. Critics call this "greenwashing" and say it's misleading and harmful to the climate.

Danske Bank's Fossil Fuel Blacklist Excludes Companies Expanding Operations but Keeps Investing in Oil Giants

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