AP2 reports its best ever half-year result

Andra AP-fonden (AP2) reported a total return of 10.2 per cent, after costs, for the first half of 2021. Profit amounted to SEK 39.2 billion and the Fund’s assets reached SEK 421.2 billion at the first half of 2021. This is the best half-year result ever achieved by the Fund. The Fund’s private equity portfolio …

AP2 publishes its sustainability report for the first half of 2021

During the first half of 2021, Andra AP-fonden (AP2) continued its intensive work of integrating sustainability in its portfolio management. This includes a number of investments in sustainable infrastructure, such as the investment in Northvolt through an AP Fund-owned (AP1, AP2, AP3, AP4) company. The Fund’s approach to sustainability is based on the conviction that …

Andra AP-fonden publishes new report on human rights

Andra AP-fonden (AP2) publishes its second report on its work with human rights, based on the United Nations’ Reporting Framework. The report describes how the Fund addresses its responsibility to respect human rights and the processes it employs to make these rights integral to its business activities. As well as describing areas where the Fund …

AP2’s Female Representation Index 2021 – highest ever proportion of women on boards and management teams

Andra AP-fonden’s (AP2’s) Female Representation Index for 2021 shows that the proportion of women on the boards of companies listed on NASDAQ Stockholm is once again increasing and is now 34.5 (33.7) percent. The proportion of women in executive management teams in listed companies continues to increase and this year’s increase, from 24.3 to 26.0 …

Paris Aligned Investment Initiative approved as a Race to Zero initiative

In February 2021, AP2 signed IIGCC’s Paris Aligned Investment Initiative: Net Zero Asset Owners Commitment. IIGCC’s Paris Aligned Investments Initiative is now accredited by the UN Climate Convention as a Race to Zero initiative. This is a global campaign that mobilizes a coalition of leading net zero initiatives with the objective to build momentum around …

AP2 has signed on to the Investor Agenda’s 2021

AP2 has signed on to The Investor Agenda’s 2021 statement calling on all governments to increase their climate policy ambition by #COP26 in November. Read The Investor Agenda’s pressrelease.

Joint AP Funds company invests USD 400 million in Northvolt

4 to 1 Investments KB, a company owned jointly by the Swedish National Pension (AP) Funds (AP1, AP2, AP3, AP4), is investing USD 400 million in Northvolt by participating in $2.75 billion private placement. Northvolt is planning for large-scale manufacture in Europe of lithium-ion batteries for electric vehicles, and has entered into partnerships with Volkswagen, …

WIN WIN Award – winner 2021

As a proud partner of the global sustainability award WIN WIN Gothenburg Sustainability Award, we can now announce that the recipient of the 2021 award is Jóhannes Stefánsson from Iceland. John is the whistleblower behind the unveiling of ‘Fishrot Files’, an extensive corruption scandal with roots in Iceland and Namibia. In 2016, Stefánsson left his …

The Swedish National Pension Funds’ Council on Ethics’ collaboration produces results

The Swedish National Pension Funds’ Council on Ethics’ Annual Report 2020:The Council on Ethics sees clear results from collaborating on impact processes. In 2020, the privacy issues of tech companies and impact on climate transition were high on the agenda. It is clear that collaboration is crucial for having an impact on important issues requiring …

Andra AP-fonden publishes 2020 sustainability report

Andra AP-fonden (AP2) continued to work intensively to integrate sustainability into its management activities in 2020. The Fund’s approach to sustainability is based on the conviction that sustainability leads to better management results, and is thus advantageous for the income pension system and for pensioners. AP2 has been a pioneer on several occasions, for instance, …