AMWatch

AP Funds’ ethics body reports significant progress on child labor

More than 100 companies failed to pass the screening process by the Council on Ethics of the big Swedish buffer pension funds last year. The Council took steps to eliminate child labor in the cocoa industry.
Pia Axelssons was chair of the Swedish AP funds' Council on Ethics in 2022. | Photo: Ap Council on Ethics
Pia Axelssons was chair of the Swedish AP funds' Council on Ethics in 2022. | Photo: Ap Council on Ethics
by KIM WIESENER

The Council on Ethics of the big Swedish state pension funds screened more than 3,200 companies last year for possible violations of international conventions, it says in its annual report.

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