News & press releases
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Continuing high share of equities fuels solid recovery
The first half of the year saw some major market fluctuations, even if the situation on the world’s equities, fixed-income and foreign exchange markets was somewhat calmer, compared to autumn 2008. Th…
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Ethical Council: Three dialogues lead to desired effect
The Ethical Council of Sweden’s First to Fourth AP Funds conducts active dialogue with companies that are associated with breaches of the international conventions signed by Sweden. Its aim is to pressure these companies toward action to prevent similar incidents in the future.
Three of the companies on the Ethical Council’s dialogue list, Grupo Ferrovial S.A. of Spain, PetroChina Company Limited of China and Thales SA of France, have met the goals set by the Ethical Council when the dialogues were initiated, and have thus taken satisfactory action. The cases in question involve infringement of the UN Convention on Biological Diversity, the Basel Convention on Hazardous Waste and the UN Convention Against Corruption. -
Ethical Council of Sweden’s AP Funds presents annual report for 2008: Successful dialogues with the companies
The Ethical Council of Sweden’s First to Fourth AP Funds has today presented its annual report for 2008, in which the Council reports on the past year’s progress in ongoing dialogues with companies su…
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Stock market decline causes sharp fall in market worth of Second AP Fund
The Second Swedish National Pension Fund/AP2’s result for 2008 is primarily attributable to the sharp decline of world stock markets during the year. Amounting to SEK -55.1 billion, this result corres…
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Investor pressure urges Sodexo to address inhumane conditions at detainee centre in the UK
Through a constructive dialogue, the Ethical Council of the Swedish AP-Funds has encouraged Sodexo, a world-leading service company with 330,000 employees in 80 countries, to address inhumane conditio…