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Swedish equity funds fail to live up to sustainability claims

The fact that most equity funds are aligned to temperature increases exceeding the Paris target may threaten Sweden’s financial stability, a staff memo from an advisor at Sveriges Riksbank states.
Cristina Cella warns that the high temperature alignment of Swedish equity funds could undermine the stability of the country's financial system. | Photo: Sveriges riksbank
Cristina Cella warns that the high temperature alignment of Swedish equity funds could undermine the stability of the country's financial system. | Photo: Sveriges riksbank
by KIM WIESENER

Swedish equity funds that claim to promote sustainability fail to live up to their promises, a study by an advisor at Sweden’s central bank, the Riksbank, states.

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