Institutional Investors Group on Climate Change appoints Peter Damgaard Jensen to its Board

– UK, London – The Institutional Investors Group on Climate Change, which represents European investors worth EUR7.5trn, has appointed Peter Damgaard Jensen, managing director and CEO of Danish pension fund PKA, to its board.

Jensen joined PKA in 2001 from the Danish Nurses Organization, where he held a variety of management positions over a 16 year period.

Jensen was the chairman of The Danish Insurance Association from 2009 to 2013.

PKA is owned by and administers five occupational pension funds in Denmark with a combined 260,000 members, the majority of whom are public and health sector employees.

Stephanie Pfeifer, chief executive of the Institutional Investors Group on Climate Change, says: “I am delighted to welcome Peter to the board. Through its investments, PKA is playing a leading role in financing a low-carbon future. As we enter a crucial year for climate and energy policy, Peter’s knowledge and understanding of the investment climate in Europe – and the importance of good policy – will be extremely valuable.”

Jensen says: “PKA is determined to play its part in aiding the transition to a low-carbon economy. A focus on climate-related investments is an integral part of PKA’s investment strategy and we are committed to furthering our investments in this area. What we need – in keeping with all investors – is strong, reliable climate policy which gives us the certainty and confidence to back low-carbon projects. I’m looking forward to working with my colleagues in the investment community and advancing the case for more ambitious climate policy.”