Sweden's AP funds plan falls short on ensuring ethical credentials: Amnesty

A draft law containing new rules for Sweden's capital-heavy national pension buffer funds is inadequate, say Amnesty International, Greenpeace, and others. It fails to include crucial rules that would force the funds to obey the country’s pledges on human rights and the environment, they say.
Amnesty International is critical of proposed new ethical investment regulation in Sweden. | Photo: /ritzau/AP/Bela Szandelszky
Amnesty International is critical of proposed new ethical investment regulation in Sweden. | Photo: /ritzau/AP/Bela Szandelszky

Around the world, Sweden's AP funds are seen as beacons of responsible investment. But now, a group of 19 campaign groups, religious and consumer organisations in Sweden have clubbed together to persuade the Swedish government to force them to do better.

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Influencers that advise on financial products have drawn the attention of the European Commissioner for financial services, Mairead McGuinness. | Foto: Aurore Martignoni / European Union

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