Logistics

Pension fund keeps a sharp eye on DSV's contract in Saudi Arabia

It could be dangerous for DSV to enter into a partnership with Neom, which has been heavily criticized by the UN and others, according to major pension fund.
”The Line is a wild project with enormous challenges and risks in relation to the climate, labor rights and human rights, so DSV is really sticking its hand in a hornet’s nest with this investment,” says Investment Director Anders Schelde of Akademikerpension. | Photo: Lars Krabbe/Jyllands-Posten/Ritzau Scanpix
”The Line is a wild project with enormous challenges and risks in relation to the climate, labor rights and human rights, so DSV is really sticking its hand in a hornet’s nest with this investment,” says Investment Director Anders Schelde of Akademikerpension. | Photo: Lars Krabbe/Jyllands-Posten/Ritzau Scanpix
by SEBASTIAN SCHLÜTER JACOBSEN

DSV’s new partnership with Saudi Arabia to supply logistics to a giant city will receive increased attention from investor Akademikerpension, as the country is notorious for violating basic human rights, the pension fund, which invests in DSV, reports media Finans.

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