Sunday, August 24, 2014

Norman: AP funds should take environmental responsibility – Västerbotten Courier

Norman: AP funds should take environmental responsibility – Västerbotten Courier

AP funds, which together manage Swedish pensions of more than 1000 billion, are able to influence corporate sustainability efforts. Therefore, they should take more responsibility for climate change in the financial sector, writes Financial Markets Minister Peter Norman (M) and Moderates environmental and climate action spokesman John Hultberg in a debate article in Dagens Industri.

A first step should be to examine the possibility of recognizing how large carbon AP funds’ equity portfolios totaling helps.

“This could for example be done by requiring that the companies they invest in reporting their emissions and thus would the trustee to report a ‘carbon footprint’, carbon footprint, for each portfolio, “they write.

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