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 separate report on the Fund's sustainability work for the first half of 2020. The reason for this is that the Fund strives to be as transparent as possible and there is constantly a great deal going on in the field of sustainability. The report presents the work based on the Fund's four sustainability focus areas: climate, corporate governance, diversity and human rights.
“During the first half of 2020, the Fund's sustainability work was impacted to a certain extent by COVID-19, which mainly affected attendance at general meetings, but also proposals for dividends and board fees,” says Eva Halvarsson, CEO of AP2.
“One area with major need for investment is sustainable infrastructure, as energy and transport systems need to implement a rapid transition from fossil-based to renewable resources. At the end of 2019, we decided to invest in sustainable infrastructure, that is, assets that contribute to sustainable development in line with the Paris Agreement. Two investments were carried out in the first half of 2020,” says Eva Halvarsson.
Key events during the half-year
The complete version of AP2’s Sustainability Report for the half-year is available at www.ap2.se.
For more information, please contact:
Eva Halvarsson, CEO of AP2, +46 (0)31 704 29 00 or
Ulrika Danielson, Head of Communications and Corporate Governance, +46 (0)709 50 16 13.
AP2 is one of five buffer funds within the Swedish pension system and one of northern Europe’s largest pension funds. The Fund’s assets under management total SEK 357.9 billion (30 June 2020), and cover essentially all asset classes across the entire world. We are leading specialists in the Swedish pension system, and we strive to be a world-class asset manager. We are a global leader when it comes to integrating sustainability into our investments, for the benefit of the pension system. The Fund is a long-term and responsible asset manager. www.ap2.se