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Swedish conservation society fires shots at AP-funds' active dialog strategy

Sweden's AP-funds continue to invest in the fossil fuel industry and explain the decision with being active owners and wanting to impact businesses to move in the right direction. But the method doesn't work, according to a new report.
Magdalena Håkansson, head of sustainability at AP1 and Johan Florén, head of Communication and Governance at AP7. | Photo: PR / AP
Magdalena Håkansson, head of sustainability at AP1 and Johan Florén, head of Communication and Governance at AP7. | Photo: PR / AP
by MIRZA GAZIC

Few of the companies extracting coal, oil and gas Sweden's AP-funds have tried to impact through active ownership and dialog have set emissions goals in line with the Paris Agreement, shows a new report published by the Swedish Society for Nature Conservation (SSNC).

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