Major Nordic pension funds and asset managers commit to nature-related financial reporting

More than 100 financial institutions – including three AP funds, KLP, Storebrand AM, and Norway’s oil fund – will start considering nature-related risks in their financial reporting.
Biodiversity ranks alongside climate change as an area of systemic risks for investors, the CEO of Storebrand Asset Management says. | Photo: Klaus-Dietmar Gabbert/AP/Ritzau Scanpix
Biodiversity ranks alongside climate change as an area of systemic risks for investors, the CEO of Storebrand Asset Management says. | Photo: Klaus-Dietmar Gabbert/AP/Ritzau Scanpix

Leading pension funds and asset managers in Norway, Sweden and Finland are among the first movers in a new initiative that calls for the inclusion of nature-related risks and impact in financial reporting.

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