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, …

Andra AP-fonden – strong end to a year spent aligning the portfolio to the Paris Agreement

Thanks to a strong end to 2020, full-year earnings reached SEK 12.8 billion. The average returns of Andra AP-fonden (AP2) in the last five and ten years have been 7.3 and 7.7 per cent respectively. Growth during the year means that the Fund’s return once again exceeds the Fund’s long-term return assumption. “In many ways, …

The Council on Ethics of the Swedish National AP-funds signals its expectations for tech giants on human rights

The Council on Ethics of the Swedish National Pension Funds (AP-funds) has issued a new statement of its expectations of global tech companies on human rights. The expectations demand that tech giants reinforce measures to respect human rights and fully align their work with the UN Guiding Principles on Business and Human rights. Read the …

Applying EU rules, Andra AP-fonden ceases investment in fossil fuel companies

Andra AP-fonden (AP2) is one of northern Europe’s largest pension funds, managing assets of just over SEK 360 billion. Our mission is to ensure maximum benefits for the pension system – and to do so responsibly. We have now taken the next step as part of our commitment to sustainability. By divesting companies that derive …

Andra AP-fonden is aligning its portfolio with the Paris Aligned Benchmark

Andra AP-fonden (AP2) has aligned its internal indices and portfolios for foreign equities and corporate bonds to meet the 1.5 degree target of the Paris Agreement. This means, among other things, withdrawal of investment from companies that generate revenues from selling fossil fuels. This also reduces the climate risk from the Fund’s global investments and further reduces its carbon footprint. During the …

AP2 included in the PRI Leaders’ Group 2020

AP2 is proud to have been appointed a member of the PRI Leaders´Group 2020 and to be recognized for the responsible investment work the Fund has done regarding this year´s theme, climate reporting. AP2 is one of 36 investors who receive the award and one of two from Sweden (AP2 and Swedfund). PRI Leaders´Group The …

AP2 publishes sustainability report for the first half-year 2020

During the first half-year 2020 AP2 continued to work intensively to integrate sustainability into its management activities. The Fund approaches the issue of sustainability based on the conviction that sustainability results in better management performance, and thus in a better income pension system and a better deal for pensioners. AP2 has decided to publish a …

First half-year strongly affected by COVID-19

Andra AP-fonden (AP2) reported a total return of -5.1 per cent, after costs, for the first half of 2020. The net result was SEK -19.3 billion, while the Fund’s assets totalled SEK 357.9 billion at the end of the first half of 2020. Relative to the benchmark index, the return was -0.1 per cent, excluding …