ESG Newsletter

AP1 is one of five funds that act as a buffer in Sweden's national pension system. The Pension System was created in 1960, but it was not until 2001 that the current AP fund structure was established, allowing the AP funds to diversify their strategies. One of the key investment rules, set out by the Ministry of Finance, is to consider environmental and ethical matters without compromising the objective of attaining high returns. As of June 2018, AP1 had SEK 337.7 billion of assets under management (US$ 37.8 billion).

Through sustainable investments and active ownership, AP1 is able to create sustainable value for its trustees. To ensure that ESG issues are being considered across the organization, the Board of Directors provides continuous training on sustainability to their employees. Further, AP1, AP2, AP3 and AP4 collaborate through the Ethical Council to lead engagement with investee companies across issues linked to the Sustainable Development Goals. Finally, AP1 is active in many collaborative initiatives on responsible investing such as the UN PRI, the International Corporate Governance Network, Climate Action 100+, the Extractive Industries Transparency Initiative and many others.

Annual Report - 2017

Ownership Report - 2017

Ethical Council Annual Report – 2017