Sampension Explained

Sampension
Location:Hellerup, Denmark
Key People:Hasse Jørgensen
CEO
Area Served:Denmark
Industry:Pension
Homepage:sampension.dk

Sampension is a manager of industry-wide pension schemes for white collar employees in the Danish municipalities (kommuner) and central government.

Headquarters

Sampension is headquartered in Tuborg Havn in Hellerup, just north of central Copenhagen. The building was completed in 2003 to a design by 3XN.[1] It received a RIBA European Award from the Royal Institute of British Architects in 2005.[2]

Activities

Schemes

A subsidiary of Kommunernes Pensionsforsikring A/S, it manages the three pension schemes Kommunernes Pensionsforsikring, StK:Pension ad Grafisk Pension. It is the third largest manager of pension schemes in Denmark[3] with approximately EUR 27 billion under its management.[4]

Divestment

In October 2017, Sampension announced that it would ban investment in four companies operating in illegal Israeli settlements in the West Bank, including two Israeli banks, Hapoalim and Leumi, Israeli telecom giant Bezeq and German firm Heidelberg Cement.[5]

In March 2018, Sampension divested from Motorola over the latter's ties to illegal Israeli settlements.[6]

External links

55.7261°N 12.5811°W

Notes and References

  1. Web site: Sampension Headquarters. 3XN. 2014-05-26.
  2. Web site: RIBA Awards. e-architects. 2009-09-21.
  3. Web site: Nyt værktøj skal toptune pensionen. Danish. Børsen. 2014-05-26.
  4. Web site: About Sampension. Sampension. 2014-05-26.
  5. News: Danish pension fund bans four firms over West Bank settlement activity . Jerusalem Post.
  6. News: Danish pension giant divests from Motorola over ties to Israeli settlements . Middle East Monitor.