Founded in 1908, Folksam is one of the biggest insurance and pension providers in Sweden. As at December 31, 2019, Folksam had US$ 47,5 billion of assets under management.
As part of their responsible investment strategy, Folksam has implemented a policy covering all of its assets with regards to ESG issues. As such, the firm excludes tobacco, commercial gambling, controversial weapons, oil sands and coal. Moreover, Folksam engages with portfolio companies on a regular basis over climate change, environmental issues, human rights and corruption to encourage firms to take responsibility for their activities.
Sustainability Report 2019 (Available in Swedish only)
TCFD Aligned Climate Report 2019 (Available in Swedish only)