Danish pension fund Akademiker Pension announced today that they had sold their shares in the London-listed low-cost carrier Wizz Air, after the company failed to convince them that it was taking meaningful actions to address ongoing concerns about how it treats its workers.
Livia Spera, General Secretary of the European Transport Workers’ Federation (ETF), commented: “These investors called Wizz Air out for their poor performance back in October 2021, yet it took almost three months for the company to meet them to discuss why Wizz Air does not recognise unions.”