The Danish monarchy and King Frederik X have previously been criticized for investing in oil funds while speaking about the importance of taking action against climate destruction.
"All the royal family's shares are now placed in the investment fund Global Sustainable Future at Danske Invest", writes the royal household's chief economist Dan Folke Pedersen to the public service broadcaster DR.
Climate issues were given a prominent place in the king's first New Year's speech, where he, among other things, stated that "nature's wealth is on loan".
The Danish royal household had 163 million Danish kronor – approximately 250 million kronor – invested in securities at the turn of the year, according to the media company Danwatch. Among the securities were still notes on investments in oil companies such as BP, Shell, and Equinor.
