Mayor looking to end Copenhagen tobacco investments

Owned bonds incompatible with city’s smoke-free ambitions

Copenhagen Municipality may be a smoke-free place to work, but it still owns bonds worth 6.5 million kroner in tobacco companies.

But those investments are about to go up in smoke, as the capital’s mayor Frank Jensen is pledging to offload all of the city’s investments in tobacco firms.

“We already have a clear green and ethical investment policy regarding not investing in companies that breach human rights, or earn money from coal and oil,” Jensen told Metroxpress newspaper.

“In my eyes, tobacco bonds are in the same league. So I will see how we can add the tobacco companies to our blacklist.”

READ MORE: Copenhagen mayor wants to sell off city’s investments in fossil fuels

Barred and blacklisted
Jensen has already been backed by the city’s deputy mayor for health issues, Ninna Thomsen, who agreed that investing in tobacco was an odd message to send.

Thomsen wants the municipality to blacklist all tobacco-producing companies.

“I am trying to ensure that the next generation will be smoke-free and Copenhagen is trying to become a smoke-free city – and yet we are investing in tobacco,” Thomsen said.

Earlier this year, Jensen announced plans to divest the city’s 6.9 billion kroner investment fund of all its fossil fuel holdings.




  • In conversation with Conrad Molden: The man behind the mic

    In conversation with Conrad Molden: The man behind the mic

    He’s tickled our funny bone with countless wisecracks and clever wordplay, and in the process, made Denmark feel a little more personable to many expats. An international import himself, funny man Conrad Molden has successfully carved out a niche for himself on the Danish stand-up scene, but it’s taken a solid 13 years, much trial and error, and heaps of Danglish

  • Volunteer Night 2025: when volunteering rimes with integrating

    Volunteer Night 2025: when volunteering rimes with integrating

    On Wednesday, April 30, from 17:00 to 20:00, Studenterhuset will host Volunteer Night 2025, a free event organized by the organization International House Copenhagen, which goal is to ease the relocation process for newcomers in Denmark

  • The international who shaped Copenhagen

    The international who shaped Copenhagen

    Anna Maria Indrio is one of the most important architects in Denmark, having contributed to shaping Copenhagen into what it is today. Among her best-known projects are the extension of SMK and Arken, as well as the Natural History Museum and the Darwin Centre in London. She moved here 60 years ago, when “Copenhagen was gray and dormant. Predictions suggested it would become depopulated. But putting people at the center changed everything,” she said

  • Danish government passes amendment to increase citizenship fee by 50%

    Danish government passes amendment to increase citizenship fee by 50%

    Fees were raised to reflect processing costs and curb repeat applications, creating debate over whether the new charges erect barriers to political participation for internationals.

  • Internationals’ labour contributes 361 billion DKK to Denmark’s GDP, and it is growing strongly every year

    Internationals’ labour contributes 361 billion DKK to Denmark’s GDP, and it is growing strongly every year

    According to a report by the Danish Chamber of Commerce, internationals’ contribution is 12% of the country’s GDP. In 2023, it was 322 billion DKK, and in 2008, it was 136 billion DKK. “Internationals make a gigantic difference in our prosperity and welfare,” comments Morten Langager, the Director of Dansk Erhverv.

  • Inside Denmark’s innovation engine

    Inside Denmark’s innovation engine

    With half of its staff being international, the BioInnovation Institute reflects Denmark’s broader transformation into a global innovation hub. But can the country—and Europe—keep up the pace? “If reforms are made now, we can close the gap in ten years,” explains BII’s CEO

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.