With Danica Balance Sustainable Choice, your savings are invested in responsible bonds, equities and corporate bonds with special focus on responsibility as well as alternative investments in renewable energy.
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
Together we have super powers
3f9ef008-00090256-e18bde0e
What we invest in
We have strict requirements as to what we invest in. You can find a selection of the companies we invest in below.
Learn more about our investments (In Danish only)
Ørsted
Ørsted is the world’s largest offshore wind power company with a capacity more than twice as large as number two. Ørsted is ranked the most sustainable company in the world, and we believe that it will contribute to the transition towards a sustainable future – for example through Ørsted’s vision of pursuing hydrogen to make the transport sector more sustainable.
SSE
SSE is a leader in expanding sustainable electricity and evolving the electricity infrastructure. SSE plans to build up to 8 GW during the next decade. In addition, we believe that SSE will play a role in rolling out the infrastructure for electric vehicles.
NextEra
NextEra is America’s largest producer of sustainable energy, and the company is set to play a key role in the green energy transition in the USA. NextEra will facilitate the green transition by expanding sustainable energy and investing in upgrades of its energy infrastructure as well as expanding infrastructure for electric vehicles. This is particularly important as about 40% of the US energy consumption is still based on fossil fuels.
Vestas
Vestas is the world’s largest wind turbine company with customers all over the world. The company has played a key role in reducing costs related to green energy production. Vestas has achieved this through research into more effective technology, and through large-scale investment, which has led to green energy in many places being competitive and in fact cheaper than fossil energy sources today. Vestas is definitely market leading in onshore wind but we will see Vestas play a bigger role in offshore wind in the future.
Xylem
Xylem is global leader in water technology and provides solutions to the global water crisis. The company has committed to saving its customers 16.5 billion cubic metres of water and providing access to clean water and sanitation solutions to 20 million people living at the base of the global economic pyramid. Xylem has invested heavily in precision technology to reduce the cost of repairing water infrastructure which is often very old.
Ecolab
Ecolab is a global leader in the fight against the global water crisis. Ecolab provides solutions that make processes more efficient and thus reduce its customers’ environmental impact. Ecolab has achieved this by specifically defining an ambitious target to reduce its customers’ water consumption by 1.1 billion cubic metres per year by 2030.
Antofagasta
Antofagasta focuses on exploration, evaluation, development and operation of copper mines in Chile. The object of the company is to develop mining operations for a better future in an innovative, sustainable and inclusive manner. Through its focus on copper, the company can benefit from the transition towards a sustainable future, as the use of copper is 4 to 6 times higher within wind and solar energy compared with other energy sources. In addition, electric vehicles require almost four times more copper.
ABB
ABB is a pioneering technology leader providing products within electrification, robotics and motion as well as industrial automation. ABB’s products increase efficiency and reduce production leakage in the degenerative model. The company has a strong focus on clean technology through its new business models. ABB is also increasing its percentage of revenue reducing its customers’ energy consumption.
Sandvik
Sandvik is an engineering group in the areas of tools, material technology, mining and construction. The transition towards a more circular business model opens up new innovation opportunities – especially in relation to mining operations and the potential penetration of the electric vehicle market and the demand for metals for batteries – as well as new ways of working that can improve efficiency and productivity, open new markets, support customers and help maintain long-term growth.
AIA
AIA is one of Asia’s leading providers of life and health insurance policies as well as savings solutions. AIA helps improve the social welfare structure in the region, as its products improve the population’s access to healthcare, and its savings solutions provide the population with more financial security. In addition, customers get discounts if they participate in health-promoting programmes through AIA.er gennem AIA.
Zurich
Zurich is a Swiss insurance company providing non-life and life insurance policies globally. Zurich is a large provider of insurances with focus on green energy, and sustainability is deeply ingrained in the company’s investment policy. In addition, Zurich is the co-owner of Blue Marble Microinsurance, which has a social mission of providing insurance protection to the vulnerable part of the population.
John Deere
John Deere is an American manufacturer of agricultural equipment. The increasing global population leads to a greater demand for food and puts pressure on the use of water and soil, for example. Through technological development within the areas of harvesting, seeding and nutrients, John Deere plays an important role in improving the efficiency in agriculture.
Morningstar
Morningstar provides independent investment analyses globally. Morningstar is the owner of the respected provider of ESG data, Sustainalytics, which we expect to drive an increased penetration and transparency of sustainable investments going forward. In addition, Morningstar helps closing the global savings gap by facilitating a better decision-making basis for advisers, for example.
TD Bank
TD Bank is the tenth-largest bank in North America. In addition to being carbon neutral, the bank supports Canada’s commitment to the Paris Agreement and integrates climate considerations across its business. For example, TD has defined a target to provide USD 100 billion to sectors with low carbon footprints by 2030. This is done through loans, for example, and for the time being the focus is mainly on renewable energy.
Rockwell Automation
Rockwell Automation is a leading company in automation of production processes, primarily within food and beverages, the automotive industry, broader industry and minerals. Rockwell’s products and services improve its customers’ use of resources through reduced energy waste and increase the efficiency of process inputs such as water and electricity.
Microsoft
Microsoft is the world’s leading software company, and it is almost impossible to mention a company that does not apply some type of Microsoft product in its operations. Microsoft products help companies worldwide to improve their productivity and get the most out of their resources. Microsoft also focuses heavily on having a positive impact in the areas it operates in. As an example, Microsoft aims to become carbon negative by 2030, and its goal for 2050 is to remove all carbon the company has emitted since its formation in 1975. Finally, Microsoft’s cloud product will significantly boost the efficiency of its customers and indirectly reduce the volume of electronic waste.
Akamai
Akamai is an IT company specialising in services that can optimise and accelerate the delivery of content online. When the volume of data and the use of cloud services increase, it is vital to optimise these services to reduce their energy consumption. In addition, Akamai’s services are important for the success of technologies such as 5G, blockchain and IoT. Since 2015, the company has increased its capacity by 182% while only increasing its energy consumption by 8%.
Texas Instruments
Texas Instruments is a semiconductor company that designs and produces analogue and embedded chips. For a company like Texas Instruments, it is very important to continuously increase the volume of processing power while reducing its products’ energy consumption. Due to the company’s diversified customer base, which includes car manufacturers, industrial companies and consumer electronics companies, its products significantly impact our daily energy consumption. Texas Instruments also plays an important role in supplying components for electric vehicles.
Cisco
Cisco is a worldwide market leader in network equipment (routers, switches, servers, etc.). The company has defined a very ambitious target to reduce its environmental footprint through improved product designs and increased use of renewable energy sources. Cisco’s products contribute to the dissemination of information and digital infrastructure, which is important to improve the general standard of living worldwide. In addition, Cisco provides free training programmes for the purpose of improving people’s IT skills. Cisco expects 10 million people to participate in its training programmes over the next five years.
Visa
Visa is the world’s largest electronic payment network. Visa has a positive impact on financial inclusion through its collaborations with governments all over the world, offering prepaid debit cards to the part of the population without access to a bank account. In addition, electronic payment solutions help reduce the risk of money laundering, corruption and cash theft.
Roche
Roche is one of the world’s leading pharmaceutical companies, specialising in developing medicines to treat lymphoma, breast cancer, colon cancer, lung cancer, autoimmune diseases such as rheumatoid arthritis or viral infections. These treatments allow for a better clinical result for the patient, either in the form of longer life expectancy or fewer days of hospitalisation, saving society resources. Roche has a strong focus on treating as many patients as possible globally.
Medtronic
Medtronic is one of the world’s largest manufacturers of medical equipment with a mission to “contribute to human welfare”. This is a guiding principle supporting all processes and products developed by Medtronic. The products are to improve clinical results for patients, and especially be cheaper to ensure increased access to treatments while reducing hospitals’ use of resources.
Cerner
Cerner is one of the world’s largest suppliers of IT solutions for hospitals. Cerner’s IT solutions allow for quicker diagnoses of patients and can help improve work processes by optimising allocation of resources. This enables hospitals to treat more patients using the same amount of resources, which saves society money and ensures even better treatment of patients.
Nestlé
Nestlé is the world’s largest manufacturer of foods and beverages, nutrition solutions for mothers and infants, nutrition solutions for dogs and cats, milk-based energy products for all stages of life, convenience foods, etc. All food products must be healthy and help increase customers’ quality of life. Nestlé focuses both on creating value for its business partners but also on having a positive impact in the society overall. For that reason, Nestlé also aims to reduce greenhouse gas emissions, to eliminate waste from factories and to reduce the percentage of water in its products.
Novo Nordisk
Novo Nordisk is one of the world’s leading pharmaceutical companies specialising in the treatment of diabetes patients or persons who are “severely obese” and qualify for obesity treatment. Novo Nordisk also produces medicine for patients who suffer from rare bleeding disorders, such as haemophilia A or B. The treatments give patients a better and longer life with fewer side effects, saving society a lot of resources that can be used in other parts of the healthcare sector.
Colgate-Palmolive
Colgate-Palmolive is one of the world’s largest companies, producing toothpaste, toothbrushes and hand soap ensuring a good oral and hand hygiene in many parts of the world. Colgate has taught 1.2 billion children how important it is to practice good oral hygiene and aims to teach 2 billion children by 2025. Good oral hygiene reduces bacteria in the mouth as well as pneumonia, inflammatory conditions in the heart, for example, diabetes, rheumatoid arthritis, etc. Good hygiene also reduces the number of stomach infections and respiratory diseases as well as the number of sick days and hospital admissions.
Adidas
The German company Adidas is one of the leading sport brands in the world. Adidas has defined a very ambitious target in relation to reducing its waste and carbon emissions. In addition, Adidas aims to increase reusability and sustainability in its product designs. As an example, Adidas’ Parley sneakers are made from plastic bottles found in the ocean. Due to its type of products, Adidas’ supply chain reaches many third world people. This may be subject to risk but it also enables Adidas to make a difference for the most vulnerable people in the world.
BorgWarner
BorgWarner is an automotive industry supplier specialising in specific niche areas, primarily in systems and components for vehicles’ so-called power trains. The company is a leading innovator in technologies for purposes of reducing carbon emissions from vehicles. BorgWarner also plays an important role in the electrification of the transport industry through its components for electric vehicles.
Starbucks
Starbucks operates the world’s largest network of coffee shops. Starbucks is very focused on sustainability in its supply chain. Today, 99% of coffee served in its coffee shops is made from sustainable beans. Starbucks works intensively on creating partnerships in its supply chain to ensure that its suppliers’ working conditions are improved and that they are paid a fair price for their products. In addition, Starbucks has defined a very ambitious target to become a resource-positive company, meaning that Starbucks wants to give more than it takes from the planet.
Alphabet is the parent company of the world’s leading online search engine, Google. In addition to Google providing people with easy access to information, it also aims to use 100% renewable energy sources in its data centres all over the world. In addition, Google’s Nest series are thermostats that reduce people’s energy consumption in their home. This is an example of how the company incorporates the circular economy in its product portfolio. Finally, Google’s cloud business will significantly improve the efficiency of its customers and indirectly reduce carbon emissions and the volume of electronic waste.
Avangrid
Avangrid is one of the leading companies driving the green energy transition in the USA. This is particularly important as about 40% of the US energy consumption is still based on fossil fuels. Avangrid is one of the largest companies in offshore wind in the USA and invests in upgrades of its energy infrastructure and the expansion of the electric vehicle infrastructure.
Schneider Electric
Schneider Electric is a leader in electrification, contributing positively through its Green Premium and EcoFit Recycling programmes. Based on these programmes, Schneider Electric reduces its customers’ environmental footprint.
E.ON
E.ON is Europe’s leader in energy infrastructure, electrification of the transport sector and the development of sustainable solutions for urban development. E.ON’s most important contribution towards a sustainable future is through its investments in the upgrade of energy infrastructure with the purpose of integrating more green power.
Prysmian Group
Prysmian Group is a global leader in cables for offshore wind and energy infrastructure, for example. Prysmian Group contributes positively through its own global supply chain with defined targets for reusable materials and ethical standards.
National Grid
National Grid makes massive investments in energy infrastructure, facilitating the integration of sustainable energy sources in the energy system, both in the USA and in the United Kingdom, where National Grid is one of the leading utility companies.
ResMed
ResMed has a strong focus on creating better solutions for people diagnosed with sleep apnoea – a condition that ruins sleep and costs society and those affected many resources in the form of more sick days, an unhealthy lifestyle and an unproductive everyday life due to extreme tiredness.
Merck
Merck is a global pharmaceutical company that focuses on increasing the access to medicine and treatments, such as immunotherapy to treat cancer and vaccines against Ebola and HPV, for example. Merck has a strong focus on education and training, especially in developing countries where access is usually very limited.
Munich Re
Munich Re is the world’s largest reinsurance company and it operates on a global scale. Munich Re is a signatory to the United Nations Principles for Responsible Investments and Principles for Sustainable Insurance. This means that the United Nations’ sustainability goals and ESG code have been directly implemented in Munich Re’s investment activities and assumption of investment risks. As a reinsurance company, Munich Re is directly exposed to the negative consequences of climate change, for example natural disasters such as hurricanes, flooding and wildfires. In collaboration with leading insurance companies, Munich Re’s insurance policies ensure that individuals and companies are not financially destroyed in case of major natural disasters, for example.
AstraZeneca
AstraZeneca is a global pharmaceutical company that focuses on increasing the access to medicine and treatments, especially in developing countries. AstraZeneca was also one of the first companies to test a vaccine against COVID-19 and also has a very large and growing cancer division.
Danone
Danone is a world-leading food company focusing on developing healthy products with a nutritional content that supports the body’s natural functions. Danone is about to launch more plant-based products that are easier to digest. Finally, Danone has defined a target to be carbon neutral by 2050 and to use biodegradable packaging that can be recycled.
Kerry
Kerry is a leading food ingredients company helping other companies launch new products that are more healthy, natural and contain less additives. The company has a strong focus on sustainability both internally and externally and strives to reduce waste and carbon emissions.
Chr. Hansen
Chr. Hansen is ranked the second most sustainable company in the world. Chr. Hansen specialises in manufacturing enzymes for products that are more natural and sustainable and that are included in foods supporting a healthy lifestyle, primarily probiotics and nutritional products for children. Today, more than 80% of Chr. Hansen’s operations contributes to the UN Sustainable Development Goals.
American States Water
American States Water is an American company providing more than one million people in nine US states with safe and reliable water services. American States Water focuses on providing access to safe, clean and accessible water sufficient for consumption, cooking and proper sanitary purposes at an affordable price. The company invests in ongoing infrastructure improvements to secure its customers access to clean water. The company’s key focus is to minimise its environmental footprint and maintain sustainable operations. The past few years, American States Water customers have consumed significantly less water, and the company has also substantially reduced the number of leakages.
American Water Works
American Water Works is an American water utility company that has more than 82,000 kilometres of water pipes, 611 water works and 130 water treatment plants. The company invests massively in maintaining and developing its water infrastructure with a focus on reducing water wastage. American Water Works does so by investing in and defining targets for upgrades of its pipelines and water quality. American Water Works delivers water for 14 million people across 46 US states and in Canada.
Waste Management
Waste Management fights the enormous environmental challenges deriving from the excessive use of resources through its sustainable waste management solutions with a focus on recycling.
Nike
Nike is a global leader in driving the sustainability agenda in the textile industry. This is particularly important, as the textile industry faces both environmental and social challenges. Nike has defined sustainability goals for carbon, zero waste and the use of recycled plastic. As a company in the textile industry, Nike has a global supply chain, especially in socially-challenged areas. This leads to risks, but through its initiatives Nike also has the opportunity to make things better for some of the most vulnerable people in the world.
How does it work?
Danica Balance
With Danica Balance, we invest your pension savings in a wide range of assets, while promoting environmental and social characteristics.
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.
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)
