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Danica Balance Responsible Choice

Increase your sustainable investments

In aggregate, Danes have billions of kroner in pension savings. As a pension provider, our task is to protect and invest these assets to make them grow until the time comes for them to be spent in the future. Meanwhile, we are also responsible for influencing the future in which the assets are to be spent. Responsibility and consideration towards sustainability-related factors is a natural part of Danica Balance. But if you want to focus even more on sustainability, you can invest part or all of your pension savings in Danica Balance Responsible Choice. By doing so, your pension savings can work even harder to contribute to a sustainable future because a minimum of 75 percent of your investments will be sustainable.

Choose your balance

0 %? 21%? 34 % or 100 %? It is up to you what percentage of your pension savings you want to invest in Danica Balance Responsible Choice

Increase you focus on sustainability with Danica Balance Responsible Choice

Would you like your pension savings to have an increased focus on sustainability? If so, you can choose to place a proportion or all of your pension savings in Danica Balance Responsible Choice. By doing so, your investments will focus even more on companies that aim to help solve global challenges in areas such as climate, environment, food security, social conditions and health. And at the same time, you can still get a solid return.

As a minimum, a total of 75% of the investments you place in Danica Balance Responsible Choice will be sustainable. These are investments that we have assessed as contributing significantly to one or more of the UN Sustainable Development Goals.

Furthermore, Danica Balance Responsible Choice excludes investments in a larger number of sectors than are excluded in Danica Balance, for example the fossil fuel and military equipment sectors. It is also a requirement for the companies that we invest in that they do not have a significant negative impact on society, and investee companies must adhere to international standards for human and employee rights as well as to standards set for good corporate governance.

What are the UN Sustainable Development Goals?

Basically, the UN Sustainable Development Goals act as a global blueprint for how the world can become more sustainable by 2030. There are 17 goals, among which are the following:

  • Combating climate changes and ensuring access to clean water for all
  • Eradicating hunger and ensuring healthy lives for all
  • Achieving gender equality and better access to education

Learn more about the UN SDGs 

Please note

Please note that if you would like your entire pension savings to consist of a minimum of 75% sustainable investments, your entire pension savings must be placed in Danica Balance Responsible Choice. Go to the section ‘How does it work’ below for more information about the investments. 

For instance, you invest in

Companies and projects that produce renewable energy, or companies working with solutions that aim to reduce water waste, provide more clean water or promote sustainable food production.

Companies that seek to increase the reuse or recycling of materials, protect biodiversity, contribute to better health or reduce the carbon footprint from the production their products.

A combination of companies that together have lower CO2 emissions than those of the market in general and that are in the process of reducing their CO2 emissions to meet the climate goals of the Paris Agreement.
Read more about the investments

Together we have super powers

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How does it work?

  • Because Danica Balance Responsible Choice has an increased focus on sustainable investments and excludes a wider range of investments, it does not provide you with the same investment diversification and risk spread as Danica Balance. This means that the expected return with Danica Balance Responsible Choice will be slightly lower than with Danica Balance for the same risk level and investment strategy. In practice, however, returns may be higher, equal or lower for certain periods of time.

    View the return for Danica Balance here (in Danish only) and for Danica Balance Responsible Choice here (in Danish only).

  • The proportion of sustainable investments in Danica Balance is a minimum of 10 percent, whereas the proportion of sustainable investments in Danica Balance Responsible Choice is much higher at a minimum of 75 percent.

  • It is up to you what percentage of your savings you want to move to Danica Balance Responsible Choice. You can log on to Netpension and make the change yourself. The percentage of your savings you move to Danica Balance Responsible Choice will be invested at the same level of risk as you have chosen for your general pension savings.

  • Through your investments, you help strengthen the companies you invest in. By investing in companies and projects working towards a stronger focus on ESG-factors, you help improve the companies’ working conditions, as investments help them financially and thus support their efforts to develop responsible solutions for the future.

  • When your Balance guarantee applies, you invest in Danica Pension Offensiv and/or Danica Pension Offensiv Responsible Choice as well as in one or more special bond funds with differing interest rate sensitivities. If you invest in Danica Balance, you can have investments in the following bond funds:

    • Danica Pension Korte Obligationer (short-term bonds)
    • Danica Pension Lange Obligationer (long-term bonds)
    • Danica Pension Ultralange Obligationer (ultra-long-term bonds)

    If you invest in Danica Balance Responsible Choice, you can have investments in the following bond funds:

    • Danica Pension Korte Obligationer Responsible Choice (short-term bonds)
    • Danica Pension Lange Obligationer (long-term bonds)
    • Danica Pension Ultralange Obligationer (ultra-long-term bonds)

    Danica Pension Korte Obligationer Responsible Choice invests exclusively in short-term sustainable bonds. The other three bond funds invest primarily in traditional government bonds and mortgage bonds. We do not have variants of Danica Pension Lange Obligationer and Danica Pension Ultralange Obligationer with sustainable bonds because the supply of sustainable bonds is currently insufficient to allow us to manage sustainable variants of these funds in an expedient manner. For this reason, we continue to invest in traditional bonds in Danica Balance Responsible Choice.

  • You can move a percentage of your savings from your existing Danica Balance scheme to Danica Balance Responsible Choice free of charge. If, at a later date, you want to adjust your percentage invested in Danica Balance Responsible Choice, you can do so free of charge as well.

  • No more than 25% of the investments in Danica Balance Responsible Choice may be investments that we do not assess as sustainable. Although these investments may not meet our assessment criteria for being sustainable, we nevertheless ensure that they do not counteract the sustainability focus of Danica Balance Responsible Choice or constitute a significant negative impact on society and the environment. Such investments can include investment in companies in South America or Asia in order to ensure a sound spread of your investments and risk. The intention of such investments is to contribute to ensuring that you can receive attractive returns in relation to your choice of risk. Because complete information about these companies is lacking, we are unable to conclude with certainty that such investments make a sufficiently positive contribution towards the UN Sustainable Development Goals or live up to our own sustainability requirements.


Danica Balance

With Danica Balance, we invest your pension savings in a wide range of assets, while promoting environmental and social characteristics.

Learn more about Danica Balance


Responsibility in our investment process

Responsible investing is about securing you the best possible return on your pension savings while also taking sustainability-related factors into consideration, encouraging companies to become more sustainable and acting in the best interests of society.

Read more about responsible investing with Danica Pension


Societal impact and sustainability

We have a natural responsibility towards ourselves, each other and future generations to protect and improve our society. You can learn more about our societal impact and sustainability work across Danica Pension here.

Societal impact and sustainability in Danica Pension (In Danish only)
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