Swedish state pension giant will continue to invest in fossil energy

The AP4 pension fund will continue to invest selectively in the energy sector. For the time being, fossil fuels, including coal, will still be used, it says. 
According to AP4's Jan Petersson, the fund will continue to invest in companies that work with the energy transition "in a responsible way". | Photo: Ap4
According to AP4's Jan Petersson, the fund will continue to invest in companies that work with the energy transition "in a responsible way". | Photo: Ap4

The rules for the world’s energy supply have changed radically in the wake of Russia’s full-scale invasion of Ukraine last year. The ensuing energy crisis has shown that the world cannot manage completely without fossil fuels.

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