Major Swedish pension fund focuses on engagement with most polluting portfolio companies

The AP3 buffer fund insists that companies with big carbon footprints have ”valid and trustworthy” plans to reach net-zero emissions, its CEO tells AMWatch.

AP3 is focusing on the 55 big emitters that have 70% of the carbon footprint in the fund's investment portfolio, Staffan Hansén says. | Photo: AP3 / PR

by KIM WIESENER

AP3, the biggest buffer fund in Sweden’s public pension system, aims to reach net-zero emissions in its investment portfolio by 2045 and be in line with the 1.5 degree target of the Paris Agreement on climate change.

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Major Swedish pension fund focuses on engagement with most polluting portfolio companies

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Front page now

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

Pension funds abandon dialogues with oil majors and divest shares

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Swedish asset manager kicks off new fund with leading Nordic institution

More than one third of managers do not report ESG violations to Varma, despite shared values

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

BankInvest to optimize investment processes with new hire

World’s no. 1 stock owner calls out Big Oil as carbon levels go up

Nordics show clear appetite for new asset classes, BlackRock survey reveals

28 Nordic investors in new alliance to engage companies on nature risk

Storebrand growth fund gets new portfolio manager

Danish pension fund invests to support female entrepreneurship in Southeast Asia

Further reading

AP3 fund’s high AUM means that “we are doing a good job”, CEO says

Swedish asset manager kicks off new fund with leading Nordic institution

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

BankInvest to optimize investment processes with new hire

CIO: Short-term adjustments can add value for long-term investors

Sweden’s AP3 fund aims to return to emerging markets next year

Jobs